Peso breaches P63:$1

The Philippine peso weakened past the P63:$1 level in early trading on Thursday, breaching fresh record lows against the US dollar, data from the Bankers Association of the Philippines showed.

The peso touched as low as P63.15:$1 early Thursday, surpassing the previous record intraday low of P62.925:$1 on September 15, 2026.

It opened the session at P62.83:$1, after closing Wednesday, October 14, at P62.87:$1, just three centavos shy of the record-low close of P62.90:$1 on October 8, 2026. —AOL, GMA News