# Judicial strikes grow in Mexico over reform pushing currency lower

> Judges and magistrates joined a strike on August 21 in protest against a judicial reform pushed by outgoing President Lopez Obrador. The peso fell more than 2% in afternoon trade and Mexico's stock market dropped 0.6%.

- Date: 2024-08-21 · published 2024-08-21T12:00:00.000Z
- Category: policy · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/29052-judicial-strikes-grow-in-mexico-over-reform-pushing-currency-lower
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A sharp peso sell-off raises the cost of dollar-priced feed imports for Mexican buyers. Continued political unrest could keep this currency pressure in place.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/judicial-strikes-grow-mexico-over-reform-pushing-currency-lower-2024-08-21/

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