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DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
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Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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And Andrés Manuél Lopez Obradór, is almost even with Mota, the PAN presidential candidate in the polls. Tomorrow, Friday will tell all. Will Banco de
México pour billions into dulling the decline of the peso tomorrow? We shall see. The pressure must be enormous to do just that. My bet is Guillermo
Ortíz will end up as scapegoat and end up falling on his sword. The presidential race is heating up.
[Edited on 6-1-2012 by DavidE]
A Lot To See And A Lot To Do
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Bajatripper
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Posts: 3151
Registered: 3-20-2010
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The peso closed today (May 31) at 14.43 to the dollar, the highest (or lowest, depending on one's perspective) it's been in three years, according to
Telmex news.
There most certainly is but one side to every story: the TRUTH. Variations of it are nothing but lies.
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Bajaboy
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Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
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Anyone know what the rate at Costco Chula is at the moment?
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DENNIS
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Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Bajaboy
Anyone know what the rate at Costco Chula is at the moment? |
Donno..........but it's 14.4570 on my monitor right now.
And....Facebook is foundering at 27.66.
.
[Edited on 6-1-2012 by DENNIS]
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by Bajaboy
Anyone know what the rate at Costco Chula is at the moment? |
Donno..........but it's 14.4570 on my monitor right now.
And....Facebook is foundering at 27.66.
[Edited on 6-1-2012 by DENNIS] |
just started a building project and budgeted at 13 to 1...time to exchange some dollars I'll reward my guys with more beer
[Edited on 6-1-2012 by Bajaboy]
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DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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Banco de México is pouring on the dollars buying pesos at the moment. They are praying that international markets calm down very soon. Three hundred
million dollar increments every four hours. They started in the early AM, as usual, in the hope that the purchases would look spontaneous and not
orchestrated by the central bank.
I would pay money not to be in the chairman's office or within a city block of the treasury at the moment. Blood must be flowing freely.
A Lot To See And A Lot To Do
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