Peso falls to new low against dollar

By Tiziana Celine Piatos

Sep 24, 2022 12:19 am

THE Philippine peso sank to a new record low of P58.50 against the United States dollar on Friday.

The peso exchange rate opened trading at P58.33, with a high of P58.50, low of P58.25, with a weighted average of P58.349.

A man exchanges dollars to pesos at a money exchange establishment in Manila on Friday, Sept. 23, 2022. The dollar hit a record low anew on Thursday, closing at P58.50 against $1. PHOTO BY JOHN RYAN BALDEMOR

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Manufacturing PMI hits over 7-year high

Asia's factories end 2024 on weak footing

NAIA posts record passengers, flights

Peso slips, PSEi up as year starts

Asian stocks on back foot in rocky start to new year

LandBank, DBP on 'solid financial footing' – Finance chief

Consumer protection a priority for 2025 – DTI