Economy
Philippine Peso Hits Record Low Below P63 Against US Dollar
The Philippine peso fell to a record low of P63.15 against the US dollar on Thursday, October 17, amid renewed tensions in the Middle East. This marks a significant depreciation, raising concerns about its economic implications.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Philippine Peso Nears All-Time Low Amid Middle East Tensions
The Philippine peso weakened for the second straight trading day, closing near its all-time low against the US dollar at P62.87 amid renewed Middle East tensions. This level is just three centavos shy of the record low of P62.90 registered on October 8, 2026.