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Peso slips vs the dollar on possible yen intervention

Business World Philippines

|

November 25, 2025

THE PESO slipped against the dollar on Monday to track the sideways movement among regional currencies led by the yen amid signals of more proactive intervention from Japanese Prime Minister Sanae Takaichi's administration.

- - A.M.C. Sy with Reuters

The local unit closed at P58.87 per dollar, inching down by 1.5 centavos from its P58.855 finish on Friday, Bankers Association of the Philippines data showed.

The peso opened the session slightly stronger at P58.83 against the greenback, which was also its intraday best. Its worst showing was at P59.02 versus the dollar.

Dollars traded fell to $1.17 billion on Monday from $1.68 billion on Friday.

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