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Banxico's survey of analysts raised its end-2026 peso forecast to about 18.39 per dollar from 17.50, after the peso depreciated nearly 4% in October. Analysts expect Banxico to hold its rate at 6.5%.
Expected peso weakness, driven by safe-haven dollar demand and a narrower rate gap with the Fed, raises the local cost of dollar-priced feed imports.
lapoliticaonline.comLPONov 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.
