Loading…

The peso traded near 18.56 per dollar on November 5, after appreciating 1.41% on Wednesday to 18.5558 following the US midterm results. The official Banxico FIX rate was 18.62.
Oil price declines limited some of the currency's gains.
A stronger peso lowers the peso cost of imported dollar-priced feed grains and meals in Mexico. Softer oil prices also reduce freight and energy costs for the feed chain.
Not 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.