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The peso fell 25.5 centavos to 63.31 per dollar as Philippine markets reacted to third-quarter GDP growth of 2.1%, the weakest since the first quarter of 2021. The benchmark PSEi also declined 1.46%.
Slower growth can undermine the peso, increasing the local-currency cost of imported feed ingredients and other dollar-priced commodities.
Not 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.