# MNI POLICY: Banxico Split on FX Effects As US Spr...- 11-26-2025 | MNI

> Banxico board members are split over whether peso strength justifies further rate cuts, with dovish members citing decoupling from the US economy. Hawkish members warn the central bank may need to hold rates or even hike if the Fed tightens. The governor noted year-to-date peso appreciation above 10%, largely due to dollar weakness.

- Date: 2025-11-26 · published 2025-11-26T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/22166-mni-policy-banxico-split-on-fx-effects-as-us-spr-11-26-2025-mni
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Monetary policy debate affects peso direction but has no direct bearing on feed commodity balances or prices.

## Read by commodity

- USDMXN: neutral

## Sources

- mnimarkets.com: https://www.mnimarkets.com/articles/mni-policy-banxico-split-on-fx-effects-as-us-spread-narrows-1764174118578

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