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Inquirer Business · Mar 23, 2026
Why It Matters
Filipino travelers and importers will pay more for foreign trips and goods as the peso sinks to a new record low of 60.3. This decline will increase the cost of living for many Filipinos, particularly those who rely on imported goods.
What To Do About It
Budget-conscious travelers should expect to pay around ₱50-100 more per dollar for foreign currency when exchanging pesos. Importers and businesses should prepare for higher costs.
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