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The Philippine peso fell 0.47% to 63.444 per dollar on November 3, the steepest drop among 10 Asian currencies tracked. Most regional currencies weakened as the US dollar index rose 0.08% to 101.822 ahead of the US midterm elections.
A weaker peso raises the local-currency cost of imported feed grains and meal for Philippine buyers. The move mainly reflects dollar strength and is not a new supply driver.
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.