The Problem with Predicting Exchange Rates
In recent years, one of the hardest things to predict has been the exchange rate between Mexico's peso and the US dollar
Articles and insights about the value and performance of Mexico’s peso (MXN)
Articles and insights about the value and performance of Mexico’s peso (MXN)
In recent years, one of the hardest things to predict has been the exchange rate between Mexico's peso and the US dollar
Mexico's peso remained remarkably stable during 2019. Its prospects for 2020 depend on a range of factors which cannot be easily foretold
Mexico's peso has been surprisingly stable against the dollar in the past year or so, more surprising even given that markets have been fairly volatile for fear that the U.S. Fed could start raising interest rates at any time . . .
Mexico's peso has had a rocky history against the US dollar. Periods of stability have been followed by periods of great turmoil and resulting devaluations.