Forum Discussion
mexicoruss
Dec 02, 2015Explorer II
Almot wrote:iguana07 wrote:
Why they {Argentinians} tell us because the dollar is so stable ...
Correction - "more stable than Argentine peso".
It is also "more" stable than Mexican peso. This simply means that your money in $US in Mexico inflate "less" than in pesos. Prices of most everything in Mexico have gone up a lot in pesos, but it also gone up in $US.
Please dont talk about things you know nothing of "Consumer prices in Mexico increased 2.48 percent year-on-year in October of 2015, slightly lower than a 2.52 percent rise in September, hitting a fresh record low for the sixth straight month. The inflation rate has been below the central bank’s 3 percent target since May due to sluggish growth and lower telecom and housing prices and despite a nearly 12 percent depreciation of the peso against the USD since the beginning of the year. Inflation Rate in Mexico averaged 26.24 percent from 1974 until 2015, reaching an all time high of 179.73 percent in February of 1988 and a record low of 2.48 percent in October of 2015. Inflation Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI"inflation report Mexico 2015
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