Weakening Php vs Dollar Effects | ph money | pesos to dollars | philippine pesos | USD | to php On June 27, the Philippine Peso stood at PHP 55.18 per US Dollar, which has been the weakest since 2005, when the local currency closed at PHP 55.08. Rising imports, US Federal Reserve interest rate hike, and expensive global oil prices were some of the reasons why the local currency depreciated over the...