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Analysts criticized Banxico’s surprise 25-basis-point rate cut, warning that it came despite a deteriorating inflation outlook. They forecast the dollar at 18.70–19.00 pesos this year and potentially 19.10–19.50 next year.
Expectations of further peso depreciation could raise the cost of dollar-priced imports into Mexico, although the article reports forecasts rather than a new commodity supply or demand change.
reforma.comCharlene DomínguezNov 5, 2026Not 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.
