THE Philippine peso weakened to an all-time low of P59.17 against the US dollar on Wednesday, weighed down by local governance issues and strong global demand for the greenback. The peso lost 18.5 ...
The Philippine peso tumbled to an all-time low of 59.2 against the US dollar Tuesday from 58.90 a dollar Monday, reflecting ...
The US dollar is having its worst year in decades. While stocks have recovered from their April lows and demand for bonds has been relatively steady, the dollar has continued a precipitous decline.
After a decade of strength, the US dollar has fallen 7.5% since the start of 2025. Investors are worried about trade policies, the resilience of the US economy, and the overall safety of US assets.