economy
Why has the Philippines’ peso plunged to a record low?
The Southeast Asian country's currency has plummeted amid the fallout of the Iran war and economic challenges at home.
5 Sep 2026, 9:43 AM · 1 min read
The Southeast Asian country's currency has plummeted amid the fallout of the Iran war and economic challenges at home.
The price of diesel has reached an all-time high, a result of the war in Iran and Ukraine's attacks on Russian refineries. That will matter across the supply chain.