Philippine peso reaches new all-time low | The wRap

Oct 21, 2026 10:00 PM PHT

Rappler.com

Today’s headlines: Philippine economy, China, Elon Musk

Here are today’s headlines – the latest news in the Philippines and around the world:

• PH peso reaches new all time low

The Philippine peso again falls to a new all-time closing low of P63.36 against the U.S. dollar on Wednesday, October 21.

• De Lima, Diokno, 8 other House lawmakers want China envoy recalled 

Ten House lawmakers file a proposed resolution urging President Ferdinand Marcos Jr. to either declare Chinese Ambassador Jing Quan persona non grata or ask Beijing to recall him.

• Supreme Court declares 2024, 2025 budgets unconstitutional 

The Supreme Court declares the 2024 and 2025 General Appropriations Acts or budget laws, unconstitutional.

• France to deploy troops, admits to failures over weekend unrest 

France will reinforce police with troops and mount a huge security operation for more protests planned on Saturday.

• Musk ordered slowdown of Starlink service used by Ukraine’s military – report

Elon Musk reportedly ordered the slowdown of a Starlink satellite service that Ukraine relies on.

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