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Philippine Peso Hits Record Low Amid Geopolitical Tensions and Inflation Concerns

Philippines

Philippine Peso Hits Record Low Amid Geopolitical Tensions and Inflation Concerns

The Philippine peso has fallen to a new all-time low of P62.565 against the US dollar, driven by geopolitical tensions and inflation concerns, marking a significant decline in the currency's value.

By Paolo Mercado3 September 2026

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