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Bloomberg

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

Friday, August 28, 2026


The Philippine peso traded below 62 per dollar on Friday. The peso had weakened to levels that some analysts previously identified as potential trigger points for central bank intervention.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-28/php-usd-philippine-peso-falls-past-62-per-dollar-on-elevated-oil-prices

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