Peso holds steady as PSEi falls for fourth straight session, September 23, 2026

The peso matched its previous finish to stabilize against the dollar, while local shares shed nearly 20 points to deepen its retreat below 5,800.

Philippine financial markets showed split performance on Wednesday, September 23, 2026, as the Philippine peso found steady footing while the Philippine Stock Exchange index (PSEi) extended its losing streak.

The PSEi shed 19.42 points, or 0.33%, to finish at 5,795.14, marking its fourth consecutive day of declines.

The benchmark index deepened its fall below the 6,000 threshold as persistent selling pressure continued to drag market valuations lower.

Peso holds firm after volatile sessions

Meanwhile, the Philippine peso matched its previous session’s close to finish at ₱62.725 against the US dollar, holding its ground following days of fluctuations.

Intraday trading saw the local currency reach a high of ₱62.695—strengthening by 3 centavos compared to Tuesday’s peak of ₱62.725—as it comfortably maintained its position above the ₱62 level.

Wednesday’s session reflected ongoing caution among investors. While the local equities market struggled to break out of its downward trend, the peso provided a brief pause from recent weakness by remaining unchanged against the greenback.

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