(UPDATED) THE Philippine peso on Tuesday fell to a new record low against the US dollar after closing at P58.999.It opened the day at P58.8 after trading was suspended on Monday because of Typhoon "Karding."The peso also traded between P58.7 and P58.999, resulting in an average of P58.904. Tuesday's volume reached $1.0622 billion, up from $985 million the previous session.The local currency remained weak against the US dollar for the fifth trading day by 49 centavos amid the continued increase in the US dollar versus major global currencies.

https://www.manilatimes.net/2022/09/28/news/national/peso-dives-to-p58999-vs-us-dollar/1860003

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