Managerial Econ
Economic Analysis of Business Practice
Wednesday, November 12, 2008
Why is the Peso falling?
Answer
: The price of a peso has fallen from about $0.10 to $0.07 in the last two months. Falling US demand for Mexican exports to the US means a lower demand for Pesos. As demand for pesos falls, the price of a peso drops.
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Answer: The price of a peso has fallen from about $0.10 to $0.07 in the last two months. Falling US demand for Mexican exports to the US means a lower demand for Pesos. As demand for pesos falls, the price of a peso drops. 
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Post a Comment