Blog about sports and politics and whatever else seems interesting from a guy (formerly) in Mexico.
Saturday, October 25, 2008
Peso Update. Or, Crap, Part 2
The peso has slid to almost 14 to the dollar. Mexico's central bank has exhausted $14 billion, or more than 15 percent of its foreign reserves, in an effort to prop the currency up in the past two and a half weeks.
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