# Mexican Peso Depreciates 1.40% and BMV Gains Ground

> 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.

- Date: 2026-11-04 · published 2026-11-04T09:08:43.636Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/79483-mexican-peso-depreciates-1-40-and-bmv-gains-ground
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

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.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- razon.com.mx: https://www.razon.com.mx/negocios/2026/11/04/peso-mexicano-se-deprecia-140-y-bmv-gana-terreno/

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