I'm not too sure about that "redhorse", at least I hope not against the U.S. Dollar. The U.S. economy is starting to make a big comeback causing the $ value to increase again. Read this..... BBC News - US economic growth up sharply in third quarter
Sofronio, could be, but of course a stronger dollar would get you more pesos, the opposite of the trend some people were worried about. My only point is that there are some indicators (including yours) not to fear a big downturn in the exchange rate.
The Dollar will eventually go down, no question about it and rather sooner than later but the Peso will probably lose as well being coupled to the Dollar...
That includes the banks "cut". The official exchange rate as of today is 40.5810. Currency Converter | OANDA
When I first moved to Thailand I was getting 45 baht to the dollar. whenI decided to leave I was getting 30. thats why I left looks like we're following the same suit here.
Hey everyone. I am Jeanna from Australia. I have recently join this community to get in touch with latest information and discussion on issues related to different topics. Hope to have great relation in future.
