BajaNomad

Peso Extends Gains

JDCanuck - 12-1-2022 at 08:33 PM

The Mexican Peso continues to be one of the few global currencies that has been rising against the USD since Covid hit. Additionally, the minimum wage has been increasing well beyond inflation rates. Could this possibly be related?
Foreign investors also waking up to Mexico as an investment.
https://edition.cnn.com/2022/12/01/americas/mexico-minimum-w...

[Edited on 12-3-2022 by JDCanuck]

PaulW - 12-2-2022 at 08:17 AM

Here is the Peso chart

Peso Chart.jpg - 73kB