Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Peso Plummets to Record Low Amid Middle East Tensions

Guavy AI Editorial Team
Instruments
Oil
Share

The Philippine peso has hit an all-time low against the US dollar, dropping to P61.847 per USD at the close of trading this week.

This is a result of renewed hostilities in the Middle East and surging oil prices, which have weighed heavily on Asian currencies.

The Bangko Sentral ng Pilipinas has been selling dollar reserves in an effort to shore up the local currency, but analysts predict that the exchange rate will remain at P62-P63 against the US dollar for the rest of the year.

More on Commodities

Commodities just now

Oil Prices Fall on Wall Street Amid US-Iran Conflict

Commodities just now

Private Sector Demands Freedom from Subsidy-Dependent Wheat Imports

Commodities 1m ago

Gold Price Trend in Karnataka Fluctuates Amid Rising Demand

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy