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Peso returns to P57-a-dollar level as market awaits BSP's policy decision
October 09, 2025
|Business World Philippines
THE PESO climbed back to the P57-perdollar level on Wednesday as the market looked ahead to the Bangko Sentral ng Pilipinas' (BSP) policy meeting.
The local unit closed at P57.95 versus the greenback, jumping by 15 centavos from its P58.10 finish on Tuesday, Bankers Association of the Philippines data showed.
The peso opened Wednesday's session weaker at P58.205 versus the dollar. Its intraday best was at P57.93, while its worst showing was at P58.23 against the greenback.
Dollars exchanged jumped to $2.03 billion on Wednesday from $1.34 billion on Tuesday.
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