# Banxico cuts benchmark rate to 6.25% in split vote

> Mexico’s central bank cut its overnight interbank rate by 25 basis points to 6.25% in a 3–2 vote, effective November 6. The decision was unexpected by most surveyed institutions; inflation had risen in recent readings.

- Date: 2026-11-07 · published 2026-11-08T18:09:21.141Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/87761-banxico-cuts-benchmark-rate-to-6-25-in-split-vote
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Lower interest rates can weigh on the peso, potentially raising the local-currency cost of imported feed and agricultural commodities. The peso nevertheless appreciated about 0.9% for the week cited in the article.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- flash24.org: https://flash24.org/pl/artykul/banxico-obniza-stope-do-6-25-przy-podziale-3-2/

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