Peso closes at 63.72 per dollar — Stock index on the 13th at its lowest in about a year

Peso closes at 63.72 per dollar — Stock index on the 13th at its lowest in about a year

📌 On Friday, November 13, the Philippine peso closed at 63.72 per dollar, weakening by 2 centavos from the previous day (63.70). On the same day, the Philippine Stock Exchange index (PSEi) fell 1.18% to 5,593.49, its lowest close in about a year, since November 14, 2025.

■ What's changing
· The peso opened at 63.85 and traded between 63.64 and 63.94, with trading volume rising to $2.2 billion from the previous day's $1.72 billion (PNA).
· The PSEi dropped 67.06 points, falling for a third straight day, and lost 168.46 points (2.92%) over the week (Manila Bulletin).
· Brokerage officials said the peso's renewed weakness chilled investor sentiment, and the chief economist at RCBC also pointed to Brent crude futures, which closed the previous day up 3.3% at $95.82 per barrel (Manila Bulletin).
· According to the Philippine Statistics Authority (PSA), third-quarter gross domestic product (GDP) grew 2.1% from a year earlier, and October inflation was 7.8% (Manila Bulletin).

■ Tips for residents and travelers
· With the peso staying weak in the 63-per-dollar range, compare the posted rates at banks and licensed money changers when exchanging dollars for pesos.
· Since the exchange rate moves a little each day, you may also want to exchange large amounts in several installments.

■ Sources
PNA (11/14), Manila Bulletin (11/13)

■ Photo
· Philippine Stock Exchange index closing table for November 13 — Manila Bulletin