Peso rebounds from record low as PSEi gains 10 points, September 9, 2026

The peso strengthened past the ₱62.55 level to snap its record-low streak, while local shares extended gains for a second straight session.

Philippine financial markets showed broad improvement on Wednesday, September 9, 2026, as the Philippine peso pulled back from its all-time low and the Philippine Stock Exchange index (PSEi) continued its upward trajectory.

The PSEi advanced 10.54 points, or 0.17%, to close at 6,116.53, extending its rally for a second straight session.

The benchmark index held above the 6,000 threshold for the fifth consecutive day, continuing to build on its recent recovery.

Peso rebounds from record low

Meanwhile, the Philippine peso strengthened by more than 11 centavos to close at ₱62.513 against the US dollar, rebounding from the record low of ₱62.625 set in the previous session.

The local currency touched an intraday high of ₱62.55, gaining 12.5 centavos compared to the prior session’s intraday trough of ₱62.675, though it remained held above the ₱62 mark.

Wednesday’s session reflected positive momentum across Philippine financial markets. The PSEi sustained its gains to push higher above the 6,100 mark, while the peso recovered from its previous slump to post solid gains against the dollar.

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