A woman stands next to a money changer shop in Manila on November 5, 2026. Soaring petrol prices driven by the Middle East conflict pushed inflation in the Philippines to a 44-month high of 7.8 percent in October, the government said November 5, as the country continues to struggle with a devalued peso,64 to the dollar and last week President Ferdinand Marcos told Filipinos "don't panic", and blamed the exchange rate woes on the rising prices of oil. (Photo by Ted ALJIBE / AFP via Getty Images)