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The Mexican peso strengthened against the US dollar after Monday's banking holiday in Mexico. The dollar traded near 18.60 pesos on average, and Banxico's FIX rate for Tuesday was set at 18.7962.
The peso had posted two straight monthly gains, and October alone saw more than a four-point rise.
A firmer peso lowers the peso cost of dollar-priced grain and meal imports, which eases feed input costs for Mexican buyers. The move follows a broad dollar selloff ahead of the US midterm elections.
nmas.com.mxRedacción N+Nov 3, 2026Not 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.
