# Peso lost 4% in October, its second monthly decline

> The peso closed October down 4% against the dollar at 18.8037, its second straight monthly loss and an eight-week losing streak not seen since 2016. The Brazilian real, the Mexican peso and the Polish zloty were the weakest currencies in October, while the Norwegian krone and the Colombian peso were the strongest.

- Date: 2026-11-02 · published 2026-11-02T21:11:15.762Z
- Category: macro · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/75907-peso-lost-4-in-october-its-second-monthly-decline
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Carry-trade unwinding and a narrowing rate gap with the US pushed the peso weaker, raising the local cost of dollar-priced feed imports into Mexico.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/mercados/peso-perdio-4-octubre-segundo-mes-baja-20261101-841632.html

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