RECENT NEWS

[aioseo_breadcrumbs]
Bookmark This News

BSP Exchange Update: Peso Weakens as Global Currencies Surge

The Bangko Sentral ng Pilipinas (BSP) released the latest foreign exchange reference rates for November 5, 2025, and the numbers tell a story every Filipino can feel:

📌 ₱58.68 = $1

The US dollar remains strong, keeping the peso under pressure as global markets shift and overseas spending stays high. For OFWs, that strong dollar brings relief. For local consumers, it brings worry.


Peso vs. Top Global Currencies

Here’s how the Philippine peso stacks up today:

  • 🇺🇸 US Dollar — ₱58.68

  • 🇯🇵 Japanese Yen — ₱0.38

  • 🇬🇧 British Pound — ₱76.44

  • 🇪🇺 Euro — ₱67.38

  • 🇦🇪 UAE Dirham — ₱15.98

  • 🇸🇦 Saudi Riyal — ₱15.65

The peso also remains weak against the Singapore, Hong Kong, and Australian dollars — countries where many OFWs live and work.

But some currencies fall below the peso:

  • 🇮🇩 Indonesian Rupiah — ₱0.0035

  • 🇰🇷 South Korean Won — ₱0.04

  • 🇦🇷 Argentine Peso — ₱0.04

These numbers show just how strong some economies are — and how others continue to struggle.


Buying? Selling? Here’s Where the Peso Stands

✅ BSP Buying Rate: ₱58.250
✅ BSP Selling Rate: ₱58.750
✅ Reference Rate: ₱58.500

Markets closed yesterday at ₱58.515, proving just how tight the peso-dollar battle is today.


Why These Rates Matter

📌 OFWs and families get more pesos per dollar 🌍
📌 Imports become more expensive — affecting food, fuel, gadgets 🛒
📌 Businesses may raise prices — affecting daily living 🧺
📌 Investors stay cautious, watching global tension and inflation 📈

Every shift, every decimal — it affects someone’s life.


Gold and Silver Power Up

  • Gold: $3,941.00

  • Silver: $47.15

As uncertainty rises, investors flock to precious metals — a classic warning sign that markets are on edge.


Filipinos continue to brace for rising prices while hoping for stability soon.
For now, the peso is still fighting — and every day counts.

For more News like this Visit Pinas Times

Receive the latest news

Subscribe To Our Daily Newsletter

Get notified about new articles

Subscription form - Summary

Receive the latest news

Subscribe To Our Daily Newsletter

Get notified about new articles

Subscription form - Summary