Daven Tamayo

Peso stays at P61.75 to dollar for second straight day, weakest level

A store clerk counts their US dollar bills inside a money changer stall in Manila on September 23, 2022. The Philippine peso fell to a new record low for the fourth straight day today, closing at P58.50 against the US dollar. George Calvelo, ABS-CBN News

Article (news)

Arthur Fuentes

ABS-CBN News

MANILA — The Philippine peso again stayed at its weakest level of P61.75 to the US dollar at the end of Thursday’s trading.Data from the Bankers Association of the Philippines showed the local currency starting Wednesday’s trading at P61.74, and further slid to an intraday low of P61.75, which was also its closing level. This is the third time that the local currency has hit this level, which is its weakest so far in history.<div>More details to follow</div>

The Philippine peso again stayed at its weakest level of P61.75 to the US dollar at the end of Thursday’s trading.

The Philippine peso again stayed at its weakest level of P61.75 to the US dollar at the end of Thursday’s trading.