# Mexico Election: Key metrics ahead of July 1 vote - BNamericas

> Polls ahead of Mexico's July 1 election showed Andres Manuel Lopez Obrador with a solid lead. The central bank raised its benchmark rate 25 basis points to 7.75%, and the peso rallied after the decision.

- Date: 2018-06-23 · published 2018-06-23T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/64746-mexico-election-key-metrics-ahead-of-july-1-vote-bnamericas
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The central bank rate hike and the expected election outcome shape peso direction, which affects Mexican feed import costs. A stable peso supports steady US feed grain and meal demand from Mexico.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- bnamericas.com: https://www.bnamericas.com/en/news/mexico-election-key-metrics-ahead-of-july-1-vote

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