Wednesday, October 22, 2008

Superpeso

The peso, which for most of my three years in Mexico has wiggled between 10 and 11 to the dollar, has declined to close to 13 to the dollar in recent weeks. Analysts say that the halcyon days of the 10-cent peso are over, which led to this brilliantly titled El Universal article: "Requiem for the superpeso."

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