# Philippine peso strengthens to P62.97 against dollar on Nov. 5

> The Philippine peso rose 56.5 centavos to close at P62.97 per US dollar on Thursday, November 5, from P63.535 the previous day, according to Bankers Association of the Philippines data. The peso had hit its record low of P64.17 per dollar on October 27.

- Date: 2026-11-05 · published 2026-11-05T15:10:55.602Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/81970-philippine-peso-strengthens-to-p62-97-against-dollar-on-nov-5
- 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 such as corn, soybean meal and wheat, easing pressure on Philippine feed millers.

## Read by commodity

- USDPHP: bearish ▼

## Sources

- tnt.abante.com.ph: https://tnt.abante.com.ph/2026/11/05/piso-lumakas-sa-p62-97-kontra-dolyar-nitong-nob-5/news/

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