The Súper Peso and a Historical Tour of Mexico’s Currency
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that’s woven into the tapestry of Mexico’s peso Mexico’s peso has had an assorted history against the US dollar. Periods of stability have been followed by periods of great turmoil —and resulting devaluations— followed by rallies and stabilization. An irony —economists …
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