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  • ✇Bloomberg Markets
  • Why Is the Philippine Peso So Weak and Who Benefits?
    In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further depreciation and traders are watching closely for any signs of central bank intervention.
     

Why Is the Philippine Peso So Weak and Who Benefits?

12. Januar 2026 um 22:25
In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further depreciation and traders are watching closely for any signs of central bank intervention.

Philippine peso banknotes. Photographer: Brent Lewin/Bloomberg
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