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The Philippine peso closed Friday at P63.74 per dollar, strengthening 11 centavos after a third straight daily gain. Analysts expect it to trade rangebound this week, tracking US and Middle East developments.
A weaker peso raises the peso cost of imported feed ingredients and fuel for Philippine buyers, while a firmer dollar tends to pressure local feed margins.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.