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Philippines will defend peso 'as hard as we possibly can', president says

Pakistan Published 28 October 2026, 09:51 · archived 28 Oct 2026

MANILA: Philippine President Ferdinand Marcos Jr said on Wednesday authorities would continue to do all they can to ensure the peso currency does not keep falling against the dollar. Mid-air collision of Philippines military planes kills four pilots “People can take solace in the fact that our policy towards the peso is to continue to defend the peso as hard as we possibly can,” Marcos told reporters, adding his government has “all the means to defend” the currency, which hit a record low on Tuesday.

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