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Peso may trade sideways ahead of delayed US economic data
Business World Philippines
|November 17, 2025
THE PESO is expected to move within a tight band this week as traders wait for a batch of delayed US economic reports following the end of a state shutdown.
It closed at P59.065 a dollar on Friday, 6.5 centavos weaker than Thursday, according to Bankers Association of the Philippines data posted on its website. It was also slightly down from its P59.04 finish a week earlier.
A trader said the peso initially strengthened, touching P58.77, after risk appetite improved when US President Donald J. Trump signed a funding bill restoring government operations. The 43-day shutdown had halted several data releases, leaving investors without economic signals.
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