# Philippine peso reference firms to ₱63.672; BSP's 5.50% rate dates to October

> The Bangko Sentral ng Pilipinas daily reference rate eased to ₱63.672 per dollar on 3 November from ₱63.852. The central bank raised its policy rate to 5.50% on 22 October, not on 3 November, and no new policy decision moved the currency that day.

- Date: 2026-11-03 · published 2026-11-03T21:12:09.689Z
- Category: market · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/78433-philippine-peso-reference-firms-to-63-672-bsp-s-5-50-rate-dates-to-october
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

The move is a routine reference-rate change with no new policy cause, so it has little direct effect on feed-ingredient prices. Buyers paying in dollars see a marginally cheaper peso cost.

## Read by commodity

- USDPHP: bearish ▼

## Sources

- fxnews.ai: https://fxnews.ai/news/philippine-peso-nov3-reference-after-oct22-bsp-rate-hike/

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