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Peso weakens further to track yen’s drop
Business World Philippines
|November 26, 2025
THE PESO dropped further against the dollar on Tuesday to follow the yen’s decline as markets expect the Japanese government to support its falling currency.
The local unit closed at P58.91 per dollar, weakening by four centavos from its P58.87 finish on Monday, Bankers Association of the Philippines data showed.
The peso opened the session lower at P58.93 against the greenback. Its intraday best was at P58.84, while its worst showing was at P58.935 versus the dollar. Dollars traded inched up to $1.169 billion on Tuesday from $1.167 billion on Monday.
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