# Peso strengthens; stocks retreat

> 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.

- Date: 2026-11-03 · published 2026-11-03T21:12:09.102Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/78432-peso-strengthens-stocks-retreat
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- BRENT: bearish ▼
- USDPHP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -6.3% | -5.6% |
| BRENT | 2023-05-23 | [The 'great de-stocking'](https://feedsoft.ai/events/5977-the-great-de-stocking.md) | -3.2% | -0.0% |
| BRENT | 2022-11-22 | [Oil prices retreat as investor sentiment darkens](https://feedsoft.ai/events/38849-oil-prices-retreat-as-investor-sentiment-darkens.md) | -5.2% | -8.2% |
| BRENT | 2025-06-17 | [Real strengthens amid commodity bets, easing geopolitical fears](https://feedsoft.ai/events/24425-real-strengthens-amid-commodity-bets-easing-geopolitical-fears.md) | -1.7% | -5.5% |
| BRENT | 2020-02-27 | [Rupee strengthens against USD amid easing crude oil prices](https://feedsoft.ai/events/54861-rupee-strengthens-against-usd-amid-easing-crude-oil-prices.md) | -5.0% | -51.1% |

## Sources

- manilatimes.net: https://www.manilatimes.net/2026/11/04/business/top-business/peso-strengthens-stocks-retreat/2461066

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