THE PESO slid to an all-time low against the US dollar on Monday as soaring oil prices raise concerns over inflation and an economic slowdown.
The local unit declined by 14 centavos to close at P60.69 against the greenback from its previous record-low P60.55 finish on Friday, data from the Bankers Association of the Philippines showed.
Year to date, the peso has depreciated by P1.90 or 57.9832% from its P58.79 finish on Dec. 29, 2025.
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