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Business & Finance

PHP/USD: Philippine Peso Falls Past 62 Per Dollar on Elevated Oil Prices

Bloomberg Markets Friday 28 August 2026, 01:48 UTC By Prima Wirayani 1 min read
Key Points

The Philippine peso weakened past 62 per dollar on Friday, breaching a level some analysts had flagged as potentially prompting authorities to step in to support the currency.

The Philippine peso weakened past 62 per dollar on Friday, breaching a level some analysts had flagged as potentially prompting authorities to step in to support the currency.
PHP/USD (ORG) Philippine (LOCATION) Peso Falls (PERSON) Elevated Oil Prices (ORG)
Originally published by Bloomberg Markets Read original →

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