# Don't panic, Marcos says as peso falls, prices soaring, discontent deepens

> President Marcos urged Filipinos not to panic after the peso fell to a record P64.17 per dollar and food and oil prices rose. Analysts warn the peso could fall to 65-69 per dollar if trends continue.

- Date: 2026-11-01 · published 2026-11-02T21:14:20.065Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/75989-don-t-panic-marcos-says-as-peso-falls-prices-soaring-discontent-deepens
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

Currency weakness and rising food costs raise the cost of imported feed inputs and may weigh on local demand for animal protein.

## Read by commodity

- USDPHP: bullish ▲

## Sources

- philippinenews.com: https://www.philippinenews.com/dont-panic-marcos-says-as-peso-falls-prices-soaring-discontent-deepens/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.