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Philippine Peso Hits New All-Time Low

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Insights by Echo AI

The Philippine peso reached a fresh record low of P63.361 to $1 on Wednesday, October 21, 2026, marking its 34th record low this year and fifth in October. The currency weakened due to growing expectations of higher interest rates and renewed volatility in global oil prices. The peso has depreciated by P4.571 or 7.21% from its P58.79 finish on December 29, 2025.

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8 Sources

  1. GMA Integrated News avatar

    GMA Integrated News

    X / Twitter / @gmanews

    ALL-TIME LOW AGAIN The Philippine peso dipped to a fresh record low o...

  2. Manila Bulletin News avatar

    Manila Bulletin News

    X / Twitter / @manilabulletin

    RT @derxrosal: BREAKING: The peso weakened further to a historic low o...

  3. Business World avatar

    Business World

    RSS / @bworldonline.com/rss

    Philippine peso sinks to 34th record low of 2026 By Aaron Michael C. S...

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