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Peso climbs to two-week high
Business World Philippines
|December 17, 2025
THE PESO surged to a two-week high against the dollar on Tuesday amid a decline in global oil prices.
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The local unit climbed by 32 centavos to close at P58.72 versus the greenback from its P59.04 finish on Monday, data from the Bankers Association of the Philippines showed.
This was the peso’s best finish in two weeks or since it closed at P58.521 on Dec. 2.
The peso opened Tuesday’s trading session stronger at P58.93 against the dollar. It traded at the P58 level the entire day, reaching an intraday best of P58.71 and the weakest at P58.965 versus the greenback.
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