# Peso down; PSEi goes up

> The Philippine peso weakened 6.5 centavos to close at P63.535 per dollar on Wednesday, reversing the previous day's gain. The PSEi rose 1.26% to 5,694.92, recovering from two sessions of losses as easing oil prices and improved external sentiment supported stocks.

- Date: 2026-11-04 · published 2026-11-05T00:11:53.113Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/80728-peso-down-psei-goes-up
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

A weaker peso raises the local-currency cost of imported feed ingredients and fuel for Philippine buyers. Lower oil prices gave some relief, but inflation expectations keep pressure on the currency.

## Sources

- manilatimes.net: https://www.manilatimes.net/2026/11/05/business/top-business/peso-down-psei-goes-up/2462150

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