The Philippine peso experienced its worst performance in in a year after returning to the P49:$1 area on Thursday.

After opening at P48.90:$1, the local unit fell 31 centavos to P49.11:$1. It hasn't been this low since July 30 of last year, when it closed at P49.15 to $1.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details