Personal Finance
The Philippine Peso Just Hit Its Worst Level Ever. Remittances Hit a Record High the Same Week.
In March 2026, the Philippine peso closed at its worst level in history, P59.87 to the US dollar, with an intraday low of P59.95. The same week, the Bangko Sentral ng Pilipinas released data showing cash remittances from overseas Filipino workers reached an all-time high for 2025,