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J Sevigny
Joined: 26 Feb 2006
Posts: 161
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 Posted: Fri Oct 24, 2008 3:22 pm Post subject: |
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| I don't want to be pessimistic or negative but if you think a three or four peso to the dollar change is painful now, you should have been here in 94. The freaking price of milk went up like a peso a day for a spell. |
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robertokun
Joined: 27 May 2008
Posts: 199
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| Posted: Sat Oct 25, 2008 5:46 pm Post subject: |
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| Has anyone read any financial reports that forecast the peso going back down to 10 in the near future? What do you think are the chances? |
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Guy Courchesne
Joined: 10 Mar 2003
Posts: 9650
Location: Mexico City
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| Posted: Sat Oct 25, 2008 6:54 pm Post subject: |
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| The recent budget that went through Congress had to be tweaked and drawn up for a peso valued at 11.7. Tells me that at least government is planning on it being in that band through to the end of 2009. |
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