Mexican Peso Declines
March 10, 2009 | Leave a Comment
Good news for Mexico-bound travelers, bad news for most Mexican citizens and investors:
The peso, the worst performer among the world’s most-traded currencies in the past six months, will weaken another 15 percent by year-end as the nation’s twin deficits swell, said Rogelio Ramírez de la O, the economist who predicted the 1994 devaluation.
The peso will slide to 18.2 per dollar
[From The News]
Comments
-
Buy the Book
"More necessary than your toothbrush." The New Mexican -
jump to The People's Guide To Mexico main website here:
Lorena and I have been writing about our experiences in Mexico and Central America since the early Sixties. -
Categories
- Categories
- Where Are We Now? (12)
- Adventure Travel (11)
- Air Travel (1)
- Alerts & Warnings (2)
- Announcements (3)
- Asides (1)
- Basic Services (4)
- Be Prepared! (3)
- Best Of Mexico: Places (20)
- Baja (2)
- Copper Canyon (9)
- Guaymas & San Carlos (1)
- Mazatlan (2)
- Michoacan (1)
- Borders & Regulations (7)
- Bus & Train Travel (1)
- Business In Mexico (2)
- Camping & Outdoors (4)
- Central America (1)
- Guatemala (1)
- Children In Mexico (2)
- Driving (10)
- Events (1)
- FAQ (2)
- Festivals & Fiestas (2)
- Food & Recipes (2)
- Forums & Discussion (3)
- Health & Medications (12)
- Links (10)
- Favorite Sites (2)
- Live & Retire (9)
- Magazines & Periodicals (1)
- Maps (2)
- Mexico Forums & Chat (2)
- Music (1)
- News & Media (1)
- News From Mexico (6)
- Pets (1)
- Photography (1)
- Podcasts (2)
- Poetry (1)
- Red Tape & Legal (7)
- Reviews (11)
- Book Reviews (6)
- Music Reviews (1)
- Website Reviews (1)
- Safety (1)
- Schools (1)
- Spanish (1)
- Sport Flying (1)
- Uncategorized (23)
- Volunteer (1)
- Work in Mexico (3)
- Categories
