# Mexican peso weakens against the dollar; awaits Banxico monetary policy announcement

> The Mexican peso fell against the dollar on Thursday, giving back part of the gains it made the previous day after Democrats won the US midterm elections. Spot traded near 18.62 per dollar, a loss of about 0.28%, while the dollar index rose 0.14% to 101.67. Markets are waiting for the Banxico rate decision later in the day.

- Date: 2026-11-05 · published 2026-11-05T18:08:44.315Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/82103-mexican-peso-weakens-against-the-dollar-awaits-banxico-monetary-policy
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso raises the cost of imported feed ingredients priced in dollars for Mexican buyers, and it can add to domestic inflation pressure. Currency moves of this size are routine and mainly affect import costs at the margin.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/mercados/precio-dolar-hoy-5-noviembre-2026-cuanto-cotiza-20261105-842340.html

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