# Peso weakens slightly to P63:$1

> The Philippine peso weakened by 8.5 centavos against the US dollar on Friday, closing at 63.055 per dollar after ending the previous session at 62.97. It traded between 62.97 and 63.19 during the day.

- Date: 2026-11-06 · published 2026-11-06T12:12:16.740Z
- Category: market · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/83863-peso-weakens-slightly-to-p63-1
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

A weaker peso raises the local-currency cost of imported feed grains, meals, and other inputs, potentially increasing Philippine buyers’ procurement costs. The move reported was slight, so the direct market implication is limited.

## Sources

- manilatimes.net: https://www.manilatimes.net/2026/11/06/business/peso-weakens-slightly-to-p631/2463900

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