Philippine peso breaches ₱63 per dollar for first time, record low

The Philippine peso breached the ₱63-per-dollar mark for the first time in history, marking a record low for the currency. The plunge is driven by severe geopolitical events, soaring import costs and a weakening local buffer, with Philippine stock losses deepening as the peso fell past 63/USD.

Detected & updated continuously · Source: Nebula