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notamiss
Joined: 20 Jun 2007 Posts: 908 Location: El 5o pino del la CDMX
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Guy Courchesne
Joined: 10 Mar 2003 Posts: 9650 Location: Mexico City
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Posted: Tue Jun 04, 2013 11:17 pm Post subject: |
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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. |
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Prof.Gringo
Joined: 07 Nov 2006 Posts: 2236 Location: Dang Cong San Viet Nam Quang Vinh Muon Nam!
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Posted: Thu Jun 06, 2013 2:36 am Post subject: |
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Hope it falls down to the 18-20 pesos to the dollar range, more tourism dollars and more Mexican exports! |
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Guy Courchesne
Joined: 10 Mar 2003 Posts: 9650 Location: Mexico City
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Posted: Thu Jun 20, 2013 3:16 pm Post subject: |
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The peso is taking a beating today...at 13.45 right now. |
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Isla Guapa
Joined: 19 Apr 2010 Posts: 1520 Location: Mexico City o sea La Gran Manzana Mexicana
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Posted: Thu Jun 20, 2013 4:11 pm Post subject: |
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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. |
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Guy Courchesne
Joined: 10 Mar 2003 Posts: 9650 Location: Mexico City
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Posted: Thu Jun 20, 2013 4:33 pm Post subject: |
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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. |
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Phil_K
Joined: 25 Jan 2007 Posts: 2041 Location: A World of my Own
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Posted: Fri Jun 21, 2013 7:40 pm Post subject: |
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All good stuff for me; I'm paid in dollars. Keep rising! |
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Guy Courchesne
Joined: 10 Mar 2003 Posts: 9650 Location: Mexico City
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Posted: Sat Jun 22, 2013 1:00 am Post subject: |
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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 |
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