# Dollar loses ground against Mexican peso: exchange rate touches 18.60 on November 2

> The peso appreciated about 0.9% against the dollar in Mexico City on November 2, to 18.6165 per dollar, as the broad dollar index fell 0.24%. Signs of a possible US-Iran diplomatic deal lifted risk appetite and pushed Brent down 6.46% to $106.6 a barrel.

- Date: 2026-11-02 · published 2026-11-02T21:11:14.394Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/75901-dollar-loses-ground-against-mexican-peso-exchange-rate-touches-18-60-on
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower oil prices and a weaker dollar reduce the peso cost of imported feed and energy, while the currency remains down about 3.4% so far in 2026.

## Read by commodity

- BRENT: bearish ▼
- USDMXN: bearish ▼

## Sources

- cronista.com: https://www.cronista.com/mexico/dolar-peso-mexicano/peso-mexicano-gana-casi-1-frente-al-dolar-ante-senales-de-paz-en-medio-oriente/

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