Forum Discussion
fugawibill
Apr 18, 2016Explorer
Like it or not, the dollar is the world currency. As it strengthens, prices in pesos are adjusted upward to maintain the economic status quo. So no, I don't think there is price gouging, only businesses trying to survive. We all remember when it was $10p to the dollar, and today the national bank rate was $17.55p. The Canadians are the ones hurting. Obviously I'm not a economic wizard, but having lived full time in Mexico for the past 6 years, I may have a different outlook.
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