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The Philippine peso rebounded to 62.97 per dollar, gaining 56.5 centavos from Wednesday's close of 63.535, after President Marcos assured that economic managers are taking aggressive steps to stabilize the currency. Trading volume jumped above $2 billion, suggesting the central bank likely intervened using its reserves.
A weaker peso raises the cost of imported feed ingredients priced in dollars for Philippine buyers, while a stronger peso eases that pressure. Inflation at 7.8% in October adds pressure on the central bank to keep tightening policy.
bilyonaryo.comNov 5, 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.
