Tuesday, 27 October 2026
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Markets Brief gilt-and-policy note (2026-09-24): The Mexican Peso (MXN) extends its losses against the US Dollar (USD) on Thursday after the Bank of Mexico (Banxico) held the benchmark interest rate… Primary source: original at FXStreet (fxstreet.com).
Mexican Peso slides to April lows as Banxico shrugs off Fed gap
The Mexican Peso (MXN) extends its losses against the US Dollar (USD) on Thursday after the Bank of Mexico (Banxico) held the benchmark interest rate unchanged at 6.50%, disregarding the interest rate differential as a primary factor in setting monetary policy.