Philippine Peso Hits Record Low of P60.82 Against US Dollar

The Philippine Peso depreciated to a new historic low on Monday, trading at P60.82 against the US dollar.

30 Mar, 09:11 — 30 Mar, 10:08

Why this matters

A weakening peso can lead to higher import costs, potentially fueling inflation and making foreign goods and services more expensive for Filipinos. It also impacts overseas Filipino workers' remittances and the country's debt servicing.

Key entitiesPhilippine Peso US Dollar

The Story

What 2 sources agree on, dispute, and miss

What sources agree on

The Philippine peso reached a record low against the US dollar
The new record low was P60.82 per dollar
The depreciation occurred on Monday, March 30

Key claims1 agreed · 1 unverified

✓

The Philippine peso sank to P60.82 against the US dollar

agreed·philstar

The Rupee fell 160 paise from its opening level

unverified·ndtv

Coverage gaps

Information about the Indian Rupee's performance against the US dollar

Reportedndtv

Missingphilstar

The Story

Analyzing sources…

Source Diversity

Moderate (32/100)

2 sources— more sources would strengthen this score15/33

Spectrum spread— 2/5 buckets covered8/33

Far L

Left1

Left (1)

ndtv

Center1

Center (1)

philstar

Right

Far R

Geographic diversity— 2 regions9/34

India1Philippines1

ℹOnly 2 sources cover this story

Political spectrum

LeftCenterRight

ndtv

philstar

Outlet rating This story

SourceOutletiGeneral editorial lean of the outletStoryiHow they covered this specific storyToneFactuality

ndtvcenter-leftcenter-leftneutralMostly Factualfocused on Indian currency, not relevant to story

philstarcentercenterneutralMostly Factualstraightforward reporting of currency depreciation

Coverage leans: center

The coverage is largely factual, with one outlet providing straightforward reporting on the peso's decline and the other making an irrelevant claim about the Indian Rupee.