Has the weakening of the peso affected you personally?
+2
David
Clueless
6 posters
Has the weakening of the peso affected you personally?
As per the Guadalajara Reporter opined, the peso will break 20 soon; it closed for the weekend at 18.8280 (interbank rate).
What I have seen over the last couple of months, is that as we et more peso for our US$ (or Canadian), many prices go out, especially in some restaurants and smaller shops where they must buy their supplies in US$.
Walmart has many fixed prices that they have not increased (at least at the shelf/sticker); also, you rarely find any houses priced in pesos, and I don't know about big ticket items such a cars.
Have you noticed any significant changes?
What I have seen over the last couple of months, is that as we et more peso for our US$ (or Canadian), many prices go out, especially in some restaurants and smaller shops where they must buy their supplies in US$.
Walmart has many fixed prices that they have not increased (at least at the shelf/sticker); also, you rarely find any houses priced in pesos, and I don't know about big ticket items such a cars.
Have you noticed any significant changes?
Clueless- Share Holder
- Posts : 1092
Join date : 2014-07-31
Location : Where the wodvine twinith.
Re: Has the weakening of the peso affected you personally?
When the $US gains or the $MX loses value we get a raise. In 2005 when we moved here it was 10.5 Peso/$1US. It's been nice since we get little or no increase in Social Security each year.
David- Share Holder
- Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good
Re: Has the weakening of the peso affected you personally?
I've spent a LOT while the dollar is strong because it won't last forever. New stove, sofa, refrigerator, roof redone good for 5 years, other repairs, etc. It's all gone in the local economy and I'm glad I got it done before the dollar sinks.
Carry Bean- Share Holder
- Posts : 3427
Join date : 2010-04-05
Location : Riberas
Re: Has the weakening of the peso affected you personally?
Mexican core inflation rate is 2.93%
Food inflation 4.6%
Mexico Raises Key Rate to 3.75%
Food inflation 4.6%
Mexico Raises Key Rate to 3.75%
islandiver- Share Holder
- Posts : 211
Join date : 2010-04-17
Re: Has the weakening of the peso affected you personally?
Well, that explains everything!
David- Share Holder
- Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good
Re: Has the weakening of the peso affected you personally?
Clueless wrote:As per the Guadalajara Reporter opined, the peso will break 20 soon; it closed for the weekend at 18.8280 (interbank rate).
What I have seen over the last couple of months, is that as we et more peso for our US$ (or Canadian), many prices go out, especially in some restaurants and smaller shops where they must buy their supplies in US$.
Walmart has many fixed prices that they have not increased (at least at the shelf/sticker); also, you rarely find any houses priced in pesos, and I don't know about big ticket items such a cars.
Have you noticed any significant changes?
One, what small shops must buy their supplies in USD?
And, two, I still have no desire to spend my pesos/dollar on your dog ambulance.
In answer to your question, no, I have not noticed significant changes.
gpbasap- Share Holder
- Posts : 162
Join date : 2013-10-19
Re: Has the weakening of the peso affected you personally?
Oh, the dog ambulance! I forgot about that. Since Clueless said he would finance it himself I am sure with the favorable exchange rate he is moving right along with that.
Hey, Clueless, how about an update on the doggy ambulance.
Hey, Clueless, how about an update on the doggy ambulance.
Lady Otter Latté- Share Holder
- Posts : 6760
Join date : 2011-07-26
Location : Chapala
Humor : Biting
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