The peso gained over two centavos to pull back from its historic low, while local shares tumbled over 60 points to hover near the 6,000 mark.
The peso fell past the ₱62.80 level to set another record low against the dollar, while local shares snapped a two-day decline to stay above 6,070.
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.
A typical household using 200 kWh will save about ₱8 on its electricity bill this month.
The peso gave back part of its recent gains while local equities fell below the 6,100 level, ending a three-day winning streak.
The peso strengthened past the ₱62.55 level to snap its record-low streak, while local shares extended gains for a second straight session.
The peso weakened past the ₱62.60 mark to hit a fresh record low against the dollar, while local equities rebounded to stay above the 6,100 level.
The Philippine peso snapped its record-low streak while local equities notched modest gains, keeping the PSEi above the 6,000 threshold.
The central bank says the Philippines needs to save more, but household budgets leave many Filipinos with little money to set aside.
The peso sank to another record low against the US dollar while Philippine shares reversed their previous gains, keeping both markets under pressure.
