# Banxico decides its rate this Thursday with peso higher after Republican defeat: what analysts expect

> Banxico will announce its monetary policy decision on Thursday, November 5, with the policy rate at 6.50%. A Citi survey found that most analysts expect no change in the short term, though six expect a cut. Minutes from the last meeting showed three of five board members open to cutting rates.

- Date: 2026-11-04 · published 2026-11-05T00:09:09.921Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/80673-banxico-decides-its-rate-this-thursday-with-peso-higher-after-republican-defeat
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A rate cut would weaken the peso and raise the cost of dollar-linked feed imports for Mexico. A hold keeps financing costs steady for feed producers and has little direct effect on grain prices.

## Read by commodity

- USDMXN: neutral

## Sources

- bloomberglinea.com: https://www.bloomberglinea.com/latinoamerica/mexico/banxico-decide-su-tasa-este-jueves-con-el-peso-al-alza-tras-la-derrota-republicana-que-esperan-los-analistas/

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