# Mexican peso advances as markets absorb Democratic win in US

> The Mexican peso opened Thursday up 0.16%, trading near 18.59 per dollar, with the session range between 18.54 and 18.68. Banco Base expects Banxico to hold its rate, citing the latest rise in consumer inflation, sustained growth, and pass-through from peso depreciation. The article notes that a surprise cut could push the exchange rate toward 18.80.

- Date: 2026-11-05 · published 2026-11-05T18:08:44.655Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/82105-mexican-peso-advances-as-markets-absorb-democratic-win-in-us
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A stronger peso lowers the peso cost of dollar-priced feed imports in Mexico, though the effect is small. The rate decision will determine whether the currency's recent stability holds.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- realestatemarket.com.mx: https://realestatemarket.com.mx/noticias/capital-markets/51842-peso-mexicano-avanza-mientras-los-mercados-asimilan-triunfo-democrata-en-eu

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