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Peso sinks to record low as dollar gains on rate-hike bets

Philippine Daily Inquirer

BusinessPhilippine Daily Inquirer·Sep 14, 2026·1 min read

Peso sinks to record low as dollar gains on rate-hike bets

MANILA, Philippines — The Philippine peso extended its record-breaking slide on Monday as expectations for higher interest rates from major central banks boosted the dollar. The peso weakened 18 centavos to 62.86 per dollar, surpassing the…

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