Peso Tanking?
We skipped our annual trip south of the border this year, planning on 2015. I have been reading the peso is dropping in value. Today it is around 15 to 1 U.S.
Causes for the drop are said to be the civil unrest and drop in oil prices.
How is it going to effect the economy?
I usually return home with 5 to 10 thousand pesos every trip, guess it won't be worth what I paid for it.
Hope the issues resolve themselves, don't think the low income Mexicans can handle less buying power.
Causes for the drop are said to be the civil unrest and drop in oil prices.
How is it going to effect the economy?
I usually return home with 5 to 10 thousand pesos every trip, guess it won't be worth what I paid for it.
Hope the issues resolve themselves, don't think the low income Mexicans can handle less buying power.
