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The Philippine peso closed at P63.47 to the dollar on Monday after a holiday, 27 centavos stronger than Friday's P63.74. The local stock market retreated as late-session selling erased early gains.
A stronger peso and lower oil prices ease imported inflation pressure in the Philippines, which matters for feed-ingredient import costs priced in dollars. Lower crude also reduces freight and energy costs for feed.
manilatimes.netNiña Myka Pauline Arceo, Nazylen Joy MabangloNov 3, 2026Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, BRENT moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
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.
