Philippines News

Philippine Equities Face Continued Decline as BSP Surprises With Bigger Rate Hike and Peso Hits Record Low

Philippine equity markets face extended selling pressure as the Bangko Sentral ng Pilipinas delivered a larger-than-expected interest rate hike, the Philippine peso hit a record low against the US dollar, and uncertainty over the US Federal Reserve's next move weighs on sentiment

Oct 26, 2026