The Philippine peso rose for a third straight session to close at 63.74 per dollar, recovering from a seven-day slide. President Marcos pledged government support for the currency, and the central bank intervenes only to smooth sharp swings.
Gross international reserves fell 8.31% year on year to $99.997 billion as of September.
A firmer peso lowers the local-currency cost of imported feed ingredients, easing pressure on Philippine feed buyers. The rebound is modest and the central bank's reserve decline limits how far the currency may recover.
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.