The Peso

by midalake @, Saturday, August 03, 2019, 11:02 (76 days ago) @ Aunt Chelada

It's been a long time since the Peso has been this stable. It's nice to see and I think it's good for the local people as well as the tourists.

Not so sure I would call it "stable". Friday's close 19.3/dollar. 52 week range 18.2-20.2. If you look out further than a year the current 19.3 rate looks even worse. I am guessing most Mexicans would like to see it in the 17-18 range. I doubt that will happen. The likely hood of another dramatic drop to the dollar would not take much.

D


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  • The Peso - Aunt Chelada, 2019-08-02, 11:17 [*]
    • The Peso - ZihuaRob, 2019-08-02, 11:36
    • The Peso - midalake, 2019-08-03, 11:02
      • The Peso - Aunt Chelada, 2019-08-03, 12:51