Peso slides past P63 again, hits P63.23 to the dollar on Friday
The Philippine peso weakened to P63.23 against the US dollar in early trading on Friday after opening at P63.03, GMA News and The Manila Times reported. On Thursday, the peso closed at a record low of P63.06, its first time past P63, as US inflation data raised bets of higher US interest rates, according to BusinessWorld. GMA News said the Bangko Sentral's Monetary Board meets on October 22 to review policy rates.
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Written and translated by AI (Claude) using only the reports listed below. Read the full story at the original source.
- Philstar โ Peso breaches 63-level vs dollar, hits record low
- Cebu Daily News โ Peso drops to a new low, falls to a 63-per-dollar level
- BusinessWorld โ Philippine peso sinks past P63 per dollar for first time
- SunStar โ Peso breaches P63 per dollar for first time
- The Manila Times โ Peso weakens to P63.23 vs US dollar in early trading, breaches previous sessionโs high of P63.15
- GMA News โ Peso breaches P63:$1 level further