Peso rebounds from new low as PSEi gains 90 points, October 9, 2026

The Philippine peso gained 10 centavos to snap its decline, while local equities advanced over 90 points to reclaim the 5,700 level.

The Philippine peso gained 10 centavos to close at ₱62.801 against the US dollar on Friday, October 9, 2026, rebounding from its record low of ₱62.900 in the previous session.

The local currency hit an intraday low of ₱62.90, matching the record low from the previous session, and continued to stay within the ₱62 mark.

Equities advance to reclaim 5,700 mark

The Philippine Stock Exchange index (PSEi) similarly advanced, rising 90.60 points, or 1.62%, to close at 5,700.99, recovering from the previous trading session. The index reclaimed the 5,700 mark amid alternating movements over the past few sessions.

Friday’s session brought a welcome breather to cap off a volatile week across local financial markets. The recovery across both foreign exchange and equities helped stabilize investor sentiment following Thursday’s steep sell-off.

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