Peso Could Reach ₱65 per Dollar by 2027, Economist Warns

An economist warned that the Philippine peso could weaken further into early 2027 and potentially reach ₱65 against the US dollar, according to BusinessMirror's October 22 report. The outlook comes as the currency faces pressure from inflation, external economic conditions, and uncertainty surrounding future growth. A weaker peso means importers need more pesos to purchase the same amount of dollar-priced goods, potentially affecting businesses that depend on overseas supplies. The ₱65 figure is a forecast, not a confirmed future exchange rate.

If the peso weakens further, the effects could reach consumers through imported fuel, electricity inputs, medicines, fertilizer, and food ingredients. Businesses may respond differently depending on their contracts, inventories, and ability to absorb additional costs. Overseas Filipino workers sending money home may benefit from conversion into more pesos, although inflation can reduce the purchasing power of those remittances. Exchange rates remain uncertain, and other economic developments could change the outlook.

Households can prepare by reviewing budgets and prioritizing essential spending rather than trying to predict currency movements. Businesses may benefit from comparing suppliers, monitoring costs, and avoiding unnecessary exposure to sudden exchange-rate changes. Consumers should distinguish an economist's forecast from an official guarantee. Follow the BSP and reliable financial reporting for updates, and avoid making rushed financial decisions based solely on a predicted exchange rate.