I was very much expecting the exchange rate of pesos per dollar to start creeping up after the election, but it seems to be staying right around the 38.9/dollar area. In fact, I was guessing that it would have been already been at 40:1 by now, but it is not.
Should I be expecting it to creep up after the inauguration??? Or is it now looking like the government might keep the exchange rate at this level for quite a while???
What are your opinions?
Should I be expecting it to creep up after the inauguration??? Or is it now looking like the government might keep the exchange rate at this level for quite a while???
What are your opinions?