# Peso bounces back to 62 level after Marcos assures gov't action

> 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.

- Date: 2026-11-05 · published 2026-11-05T18:10:25.182Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/82136-peso-bounces-back-to-62-level-after-marcos-assures-gov-t-action
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

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.

## Read by commodity

- USDPHP: bearish ▼

## Sources

- bilyonaryo.com: https://bilyonaryo.com/peso-bounces-back-to-62-level-after-marcos-assures-govt-action/

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