# Banxico rate cut questioned; peso expected to depreciate

> 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.

- Date: 2026-11-05 · published 2026-11-06T00:09:30.321Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/82724-banxico-rate-cut-questioned-peso-expected-to-depreciate
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

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.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- reforma.com: https://www.reforma.com/cuestionan-recorte-de-banxico-preven-se-deprecie-el-peso/ar3309149

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