# Pressure not easing, peso breaches 64:$1

> The Philippine peso weakened past P64 per dollar for the first time, hitting a record low of P64.17 against the greenback, 22 centavos weaker than the prior day's close. Chinabank's group chief economist said the pressure is likely to persist, with October and November inflation potentially near 8 percent and third-quarter GDP growth possibly below 3 percent.

- Date: 2026-11-03 · published 2026-11-04T01:06:32.608Z
- Category: macro · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/78920-pressure-not-easing-peso-breaches-64-1
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

A weaker peso raises the local cost of dollar-denominated feed imports such as soybean meal, corn and wheat, pushing up landed costs for Philippine feed millers. Seasonal remittance inflows in November and December may offer some support.

## Read by commodity

- USDPHP: bullish ▲

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2026/10/28/pressure-not-easing-peso-breaches-641/

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