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Author: Subject: dollar crosses 11 peso line again
sylens
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[*] posted on 4-6-2006 at 03:14 PM
dollar crosses 11 peso line again


for first time in a long (it seems) time. all you semana santa travelers got a great break.

enjoy:bounce:




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bajajudy
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[*] posted on 4-6-2006 at 03:25 PM


Yea but the Mexicans going to USA didnt.:no:



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[*] posted on 4-6-2006 at 05:44 PM


Quote:
Originally posted by sylens
for first time in a long (it seems) time. all you semana santa travelers got a great break.

enjoy:bounce:


Not a great anything. Prices are going up and they won't come down. You may have more pesos in your pocket but just wait until you go to spend them.

I expect to see more of this as we get closer to the election and Obrador as the new President.




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bajalou
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[*] posted on 4-6-2006 at 07:20 PM


And a bigger change after the election.



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[*] posted on 4-6-2006 at 08:02 PM


Quote:
Originally posted by bajalou
And a bigger change after the election.



Mexico's credit rating will go down the toilet. If you've got any extra pesos, now's the time to get rid of them.




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Bob and Susan
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[*] posted on 4-6-2006 at 08:04 PM


do i hear "the sky is falling"???



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bajalou
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[*] posted on 4-6-2006 at 08:14 PM


Pretty regular thing 1-3 months after a Pres Election down here.



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\"The trouble with doing nothing is - how do I know when I\'m done?\"

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tim40
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[*] posted on 4-7-2006 at 01:33 PM


okay, i will display my ignorance. Why would the peso be impacted so materially by the election?



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