# “Black Monday” rattles Mexican Stock Exchange

> Mexico's stock exchange and peso sold off on investor uncertainty over President-elect López Obrador's policies. The peso fell 1.1% to 20.62 per dollar, with cited triggers including Trump's border threats, pension-fund reform proposals and mining concession plans.

- Date: 2018-11-28 · published 2018-11-28T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/62258-black-monday-rattles-mexican-stock-exchange
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Political-risk-driven peso weakness raises the local cost of imported feed ingredients for Mexican buyers, though the effect on grain prices is modest.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- eluniversal.com.mx: https://www.eluniversal.com.mx/english/black-monday-rattles-the-mexican-stock-exchange/

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