In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further depreciation and ...

The Philippine peso hit a historical low closing price of P59.44 per dollar on Wednesday, continuing a trend of depreciation since the beginning of the year. Exchange rates are notoriously difficult ...

MANILA -- The Philippine peso has seen a dramatic slide and is trading near an all-time low, its weakness driven not just by familiar macroeconomic pressures such as a resilient U.S. dollar but by a ...

MANILA, Philippines — The Philippine peso reached a new weakest level against the US dollar on Wednesday, pressured by a rallying greenback. The local currency shed 14.5 centavos from its previous ...

MANILA — The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness. The peso dropped as much as 0.5% through ...

MANILA, Philippines — The Philippine peso tested a new record low on Tuesday after US President Donald Trump reignited tensions with Europe, threatening additional tariffs as part of his push to ...