# The peso is on track to close the year above 18 units per dollar

> 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%.

- Date: 2026-11-03 · published 2026-11-03T21:10:27.355Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/78416-the-peso-is-on-track-to-close-the-year-above-18-units-per-dollar
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

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.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- lapoliticaonline.com: https://www.lapoliticaonline.com/mexico/economia-mx/el-peso-se-encamina-a-cerrar-el-ano-por-encima-de-las-18-unidades-por-dolar-490/

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