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Former BSP Deputy Governor Diwa Guinigundo said the central bank raised rates to fight inflation, not to defend the peso. The BSP surprised markets with a 50-basis-point hike to 5.5%, yet the peso still hit a record low of P64.17 per dollar on October 27.
Persistent peso weakness keeps import costs for Philippine feed buyers high despite higher interest rates. Tighter policy may slow domestic demand, which could weigh on local feed consumption.
manilatimes.netNiña Myka Pauline ArceoNov 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.
