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The Mexican peso appreciated 0.93% over the week, breaking an eight-week run of losses, and strengthened 0.65% on Friday to 18.6270 per dollar. The move came after Banxico cut its policy rate by 25 basis points to 6.25%; analysts said a narrower Mexico-U.S. rate differential remains a risk, while the cut was partly priced in and expectations of further reductions were tempered.
Peso strength can make dollar-denominated feed imports cheaper for Mexican buyers, although the reduced interest-rate differential could renew currency weakness and raise import costs.
abc.com.pyEFENov 7, 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.
