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The Philippine peso falls to a record low of ₱59.2 per U.S.

Economy of the Philippines — The Philippine peso falls to a record low of ₱59.2 per U.S. dollar, which the country's central bank attributes to currency depreciation influenced by recent interest rate cuts and

Published October 28, 2025· Updated October 28, 2026·1 min read

Context: Economy of the Philippines.

The Philippine peso falls to a record low of ₱59.2 per U.S. dollar, which the country's central bank attributes to currency depreciation influenced by recent interest rate cuts and foreign investment outflows. [https://www.bloomberg.com/news/articles/2025-10-28/php-usd-philippine-peso-flirts-with-record-low-on-rate-cut-view-stock-outflow (Bloomberg)]

Event summary via Wikipedia Current Events (2025-10-28).