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The peso plunged to its third all-time record low this month while local equities extended their losing streak to close near the 6,060 level.

The Philippine peso sank to a new all-time record low, shedding nearly 15 centavos to close at ₱62.68 against the US dollar on Friday, September 11, 2026, posting losses for a second straight session.

The latest record low marks the third all-time low this month alone, as the exchange rate remains firmly above the ₱62 mark. The local currency touched an intraday low of ₱62.775, weakening by nearly 20 centavos compared to the previous session’s intraday trough of ₱62.58.

Meanwhile, the Philippine Stock Exchange index (PSEi) dropped 37.42 points, or 0.61%, to close at 6,061.81. The index held above the 6,000 level despite extending its decline for a second day.

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