As more American institutions get less liquid and liquid due to the massive selloff of American stocks, its value get larger and harder to come by. This just means that other currencies get a lot cheaper against the dollars.
This includes the Mexican peso, which has achieved a lot of losses in recent weeks.
We welcome your comments on this post in the One Peso Blog. That means a comment on this post, not something about some other topic.
Name: (required)
Email: (required, not published)
Comment:
Note: Your comment will be immediately submitted and you will have no opportunity to review to edit it.
It is recommend that you register on One Peso Blog and login so you can include full html (ie: links). We don't have a chapta because we think we're smarter than the spambots.
20081006-14101-Dollar-rises-peso-falls
* com * top 100 * 10 * 4320 * Blog * Espanol *
Have you added a link to us from your website? (4320):