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The Federal Reserve's H.10 release lists foreign exchange rates for the week of November 6 to 10, 2023. It shows the Mexican peso near 17.48 per dollar, the Brazilian real near 4.90, and the Chinese yuan near 7.28.
These reference rates set the local-currency cost of imported feed ingredients and grain for Latin American and Asian buyers. Stable rates keep import costs steady and do not on their own signal a price move.
federalreserve.govNov 13, 2023Not 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.
