Site Search:
 
TEFL International Supports Dave's ESL Cafe
TEFL Courses, TESOL Course, English Teaching Jobs - TEFL International
Job Discussion Forums Forum Index Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Students and Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Peso falling, some analysts say itís only the start

 
Post new topic   Reply to topic    Job Discussion Forums Forum Index -> Mexico (off-topic)
View previous topic :: View next topic  
Author Message
notamiss



Joined: 20 Jun 2007
Posts: 848
Location: El 5o pino del DF

PostPosted: Mon Jun 03, 2013 6:22 pm    Post subject: Peso falling, some analysts say itís only the start Reply with quote

http://www.reuters.com/article/2013/06/03/us-markets-mexico-analysis-idUSBRE9520CC20130603
Back to top
View user's profile Send private message
Guy Courchesne



Joined: 10 Mar 2003
Posts: 9381
Location: Mexico City

PostPosted: Tue Jun 04, 2013 11:17 pm    Post subject: Reply with quote

Not sure I agree...we saw the peso strengthen just as much in a short span in early May and now fall back to where it was.

The key is the US dollar, not the peso. It is strengthening, not so much that the peso is falling. Just look at other currencies vs the dollar to see.

We'll stay in the 12.5-13.5 range until Christmas says I.
Back to top
View user's profile Send private message Send e-mail Visit poster's website MSN Messenger
Prof.Gringo



Joined: 07 Nov 2006
Posts: 1931
Location: Paradise, Paradise, Paradise!

PostPosted: Thu Jun 06, 2013 2:36 am    Post subject: Reply with quote

Hope it falls down to the 18-20 pesos to the dollar range, more tourism dollars and more Mexican exports!
Back to top
View user's profile Send private message
Guy Courchesne



Joined: 10 Mar 2003
Posts: 9381
Location: Mexico City

PostPosted: Thu Jun 20, 2013 3:16 pm    Post subject: Reply with quote

The peso is taking a beating today...at 13.45 right now.
Back to top
View user's profile Send private message Send e-mail Visit poster's website MSN Messenger
Isla Guapa



Joined: 19 Apr 2010
Posts: 1515
Location: Mexico City o sea La Gran Manzana Mexicana

PostPosted: Thu Jun 20, 2013 4:11 pm    Post subject: Reply with quote

Guy Courchesne wrote:
The peso is taking a beating today...at 13.45 right now.

Thanks for the tip. Time to make a sizeable withdrawal from my BOA account from a Santander ATM.
Back to top
View user's profile Send private message Send e-mail
Guy Courchesne



Joined: 10 Mar 2003
Posts: 9381
Location: Mexico City

PostPosted: Thu Jun 20, 2013 4:33 pm    Post subject: Reply with quote

Isla Guapa wrote:
Guy Courchesne wrote:
The peso is taking a beating today...at 13.45 right now.

Thanks for the tip. Time to make a sizeable withdrawal from my BOA account from a Santander ATM.


Pretty volatile today...the peso started at 12.80, shot up to 13.45 and is edging lower now to 13.33 This is mostly related to actions going on in the US.
Back to top
View user's profile Send private message Send e-mail Visit poster's website MSN Messenger
Phil_K



Joined: 25 Jan 2007
Posts: 1815
Location: A World of my Own

PostPosted: Fri Jun 21, 2013 7:40 pm    Post subject: Reply with quote

All good stuff for me; I'm paid in dollars. Keep rising!
Back to top
View user's profile Send private message
Guy Courchesne



Joined: 10 Mar 2003
Posts: 9381
Location: Mexico City

PostPosted: Sat Jun 22, 2013 1:00 am    Post subject: Reply with quote

Phil_K wrote:
All good stuff for me; I'm paid in dollars. Keep rising!


Me too, but there's a flip side. It catches up in inflation if it rises too high.

Stable at 13.30 today
Back to top
View user's profile Send private message Send e-mail Visit poster's website MSN Messenger
Display posts from previous:   
Post new topic   Reply to topic    Job Discussion Forums Forum Index -> Mexico (off-topic) All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


This page is maintained by the one and only Dave Sperling.
Contact Dave's ESL Cafe
Copyright © 2011 Dave Sperling. All Rights Reserved.

Powered by phpBB © 2001, 2002 phpBB Group

Road2Spain - TEFL and Spanish with one year student visa
EBC