Benise Balaoing

Photo illustration of US dollar to PH peso exchange in this photo taken on September 30, 2022. Gigie Cruz, ABS-CBN News

Article (news)

Peso-dollar

ABS-CBN News

<div><br></div><p>MANILA &mdash; The peso hit an all-time low of P62.77 in intraday trade on Monday, September 7.</p><p>The peso previously closed at an all-time low of <a href="https://www.abs-cbn.com/news/business/2026/9/4/peso-hits-new-all-time-low-of-p62-59-vs-dollar-1705" rel="noopener noreferrer" target="_blank">P62.59</a> against the dollar on Friday.</p><p><a href="https://www.abs-cbn.com/news/business/2026/9/3/palace-ph-focuses-on-fiscal-discipline-high-impact-projects-as-peso-tumbles-vs-us-dollar-1550" rel="noopener noreferrer" target="_blank">A Palace official</a> earlier said that the government was &ldquo;focused on fiscal discipline and more efficient use of public funds&rdquo; as the peso continued to slip against the US dollar.&nbsp;</p><p>Bangko Sentral ng Pilipinas Governor Eli Remolona had earlier said that the central bank was monitoring the foreign exchange market, after the currency breached the P62 barrier last week.&nbsp;</p><p>Analysts have warned that the weakening peso, coupled with rising world oil prices, may stoke inflation.&nbsp;</p><p>On the other hand, a stronger dollar may initially benefit families of overseas Filipino workers, as they can get more pesos for every dollar sent. But inflation may also eat into their purchasing power.</p><div><br></div><div><em>More details to follow.</em></div><div><br></div><div><em>&nbsp; &nbsp;&nbsp;</em></div>

<p>The peso hit an all-time low of P62.77 in intraday trade on Monday, September 7.</p>

The peso hit an all-time low of P62.77 in intraday trade on Monday, September 7.

Peso hits new low of P62.77 vs dollar on Sept. 7 intraday trading

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Peso hits new low of P62.77 vs dollar on Sept. 7 intraday trading

Benise Balaoing,

ABS-CBN News

Published September 07, 2026 12:27 PM PHT

Read More:

peso

intraday trade

all-time low

record low

peso-dollar exchange rate

peso dollar

foreign exchange

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