The Philippine peso saw a notable decline against the US dollar, emerging as the weakest performer among major Asian currencies in early trading. As of 0203 GMT, the peso traded at 58.160 per dollar, down 0.29% from its previous close of 57.994, Reuters reported.
Other Asian currencies experienced mixed movements. The Japanese yen and Singapore dollar posted modest gains of 0.15%, while the Korean won strengthened by 0.20%. However, currencies such as the Thai baht and Indonesian rupiah also faced losses, with declines of 0.08% and 0.18%, respectively.
