Costalegre Jalisco Mexico

Barra de Navidad, Melaque and La Manzanilla
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 Post subject: Peso hits 10 to 1
PostPosted: Wed Jul 23, 2008 2:38 pm 
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Location: Melaque Mexico
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Symbol U.S. Dollar Exchange Rate Mexican Peso Bid Ask
USDMXN=X 1 Jul 23 10.008 10.008 10.008 10.033

http://finance.yahoo.com/currency/conve ... it=Convert

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 Post subject: Re: Peso hits 10 to 1
PostPosted: Wed Jul 23, 2008 6:26 pm 
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Joined: Tue Nov 29, 2005 3:42 pm
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Location: Canada
sparks wrote:
Symbol U.S. Dollar Exchange Rate Mexican Peso Bid Ask
USDMXN=X 1 Jul 23 10.008 10.008 10.008 10.033

http://finance.yahoo.com/currency/conve ... it=Convert


Tell us when you only get .62 Canadian pesos for $1 US dollar.

Better start wearing the maple leaf.


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 Post subject: Re: Peso hits 10 to 1
PostPosted: Thu Jul 31, 2008 9:04 am 
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Location: Horseshoe Bend, Idaho
Bill ...

Quote:
Better start wearing the maple leaf.


You'd really enjoy that wouldn't you?
Seeing the 'Yankz' wearing the Leaf ... eh?

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 Post subject: Re: Peso hits 10 to 1
PostPosted: Thu Jul 31, 2008 9:53 am 
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It is not good for the Canadian dollar being at par.

It is best for Canadian trade when the $ cad is down at .75-.80 against the $ us.

As you will see if you check, that Canada now has a deficit, the first time in many years.


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 Post subject: Re: Peso hits 10 to 1
PostPosted: Fri Aug 01, 2008 9:11 am 
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Bill ...

I don't regularly follow the Canadian dollar ... BUT ... we are going to be up on Vancouver Island for a few days this month. I'll check and see how the C$ compares with the US$.

Sorry to hear:
Quote:
Canada now has a deficit
... in the usa we sorta get used to it.

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 Post subject: Re: Peso hits 10 to 1
PostPosted: Mon Aug 04, 2008 10:51 am 
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MEXICO CITY, Aug 4 (Reuters) - Mexican stocks fell sharply on Monday, as investors worried about the impact of a U.S. housing slump on global banks and after inflation data showed mounting price pressures in the United States.

The benchmark IPC stock index .MXX fell 1.21 percent to 26,634 points, with losses at copper miner Grupo Mexico dragging hardest on the index as prices for the metal fell on concerns a slowing global economy would crimp demand.

The peso <MXN=> MEX01 firmed nearly 0.2 percent to 9.9435 per dollar, trading at its strongest level since late 2002 amid expectations the central bank could further hike interest rates to fight a spike in inflation.

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 Post subject: Re: Peso hits 10 to 1
PostPosted: Wed Aug 06, 2008 7:48 pm 
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I have a $500 limit on my ATM and have been denied for the last few days to take out $5000 pesos. $4800 works

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