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The peso fell 1.40% to 18.83 per dollar at the close on Monday, the worst performance among currencies, as risk aversion rose ahead of the US midterms. The S&P/BMV IPC index rose 0.58% to 70,184.33, and analysts flagged the outcome of the US elections as relevant to Mexico given close trade ties.
Currency pressure from political risk raises the dollar cost of Mexican feed imports, and a divided US Congress could complicate trade policy under USMCA, adding uncertainty for importers.
razon.com.mxCuahutli R. BadilloNov 4, 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.
