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GlobalSource Partners economist Diwa Guinigundo said the central bank's 50-basis-point rate increase to 5.50% targeted inflation and inflation expectations, not the peso. The peso had hit a record low of 64.17 per dollar on October 27 and recovered to around 63 recently.
Rate hikes aimed at inflation rather than the currency suggest tighter Philippine monetary policy may persist even if the peso stays weak. Persistent peso weakness keeps imported feed costs elevated for local buyers.
philstar.comKeisha Ta-AsanNov 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.
