# Peso back at P62:$1 level

> The Philippine peso strengthened by 56.5 centavos on Thursday to close at P62.97 per US dollar, from P63.535 the previous day. It was the peso's strongest close since October 14, and trading volume rose to $2.005 billion.

- Date: 2026-11-05 · published 2026-11-05T09:11:37.096Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/81512-peso-back-at-p62-1-level
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

A firmer peso lowers the local-currency cost of imported feed ingredients and grains, easing pressure on Philippine feed buyers. The move is a short-term currency swing rather than a supply change.

## Read by commodity

- USDPHP: bearish ▼

## Sources

- manilatimes.net: https://www.manilatimes.net/2026/11/05/business/peso-back-at-p621-level/2462581

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