The Tug-of-War: Peso Strengthens Amid Stock Market Jitter
The financial landscape in the Philippines presented a tale of two markets this Wednesday. While the Philippine Peso showed resilience by rebounding against a softening US Dollar (USD), the local equity market told a different story, with the Philippine Stock Exchange index (PSEi) retreating into the red.
Breaking the Barrier: Will the Peso Breach 60 against the US Dollar?
The Philippine financial markets are currently bracing for impact as the local currency navigates uncharted waters. On Thursday, January 15, 2026, the Philippine Peso (PHP) hit a fresh record low, closing at 59.46 against the US Dollar (USD).