Peso breaches P62:$1, stocks slip below 6,000

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Source: The Manila Times
Published: 2026-08-29 02:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Education, Economy & Finance, Financial Markets, World News, Business & Economy
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Snippet:
THE peso breached the P62-per-dollar mark on Friday to new all-time low, and the stock market also slipped below 6,000 as investors remained cautious about global risks and the impact of tighter monetary policy on economic growth.
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