BajaNomad

dollar crosses 11 peso line again

sylens - 4-6-2006 at 03:14 PM

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

enjoy:bounce:

bajajudy - 4-6-2006 at 03:25 PM

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

Dave - 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.

bajalou - 4-6-2006 at 07:20 PM

And a bigger change after the election.

Dave - 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.

Bob and Susan - 4-6-2006 at 08:04 PM

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

bajalou - 4-6-2006 at 08:14 PM

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

tim40 - 4-7-2006 at 01:33 PM

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