By Aaron Michael C. Sy, Reporter
THE PESO tumbled to a new low against the US dollar on Tuesday as hawkish signals from the US Federal Reserve and intensifying Middle East tensions lifted the greenback.
The peso weakened by 13.5 centavos to a record-low P62.40 against the dollar on Tuesday from its previous record of P62.265 on Friday, Bankers Association of the Philippines data showed.
Year to date, the peso has depreciated by P3.61 or 5.79% from its P58.79 finish on Dec. 29, 2025.
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