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Former Bangko Sentral ng Pilipinas deputy governor Diwa Guinigundo said President Marcos' 'Don't panic' reassurance may have helped the peso rebound from its October 27 record closing low of 64.17 per dollar to 63.47 on November 3. Guinigundo also cited the Federal Reserve's decision to hold rates, softer oil prices and seasonal FX flows as possible contributors, while cautioning it is too early to call a sustained reversal.
A stronger peso lowers the local-currency cost of imported feed ingredients such as soybean meal and corn for Philippine buyers, though the currency remains near record weakness and could reverse quickly.
bilyonaryo.comNov 4, 2026Not 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.
