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PHP/USD: Philippine Peso Falls Past 62 Per Dollar on Elevated Oil Prices

Bloomberg
Bloomberg
by Prima Wirayani
Aug 28, 2026 · 7:18 AM
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PHP/USD: Philippine Peso Falls Past 62 Per Dollar on Elevated Oil Prices
The Philippine peso weakened past 62 per dollar on Friday, breaching a level some analysts had flagged as potentially prompting authorities to step in to support the currency.
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