Loading…
The peso recovered to around 18.62 per dollar early Friday after falling the previous day following Banxico’s unexpected rate cut. The currency was up 0.61% at the time of the report and could end the week higher, breaking an eight-week run of losses.
Banxico’s rate cut reduces the yield advantage supporting peso carry trades, a factor that can make the currency more vulnerable to external moves. Friday’s rebound, if sustained, would modestly reduce the peso cost of dollar-denominated imports.
mx.investing.comJulio Sánchez OnofreNov 6, 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.
