Question
1)What is the current exchange rate of Mexican currency against the dollar? Is there appreciation or depreciation rate against the dollar? 2) What was the
1)What is the current exchange rate of Mexican currency against the dollar? Is there appreciation or depreciation rate against the dollar?
2) What was the exchange rate 5 years ago? 10 years ago?
3)Was there an event in your chosen Mexican history that affected or influence the appreciation or depreciation of the currency? Explain in detail.
4)Many countries have stated that they expect a recession as a result from the current pandemic, how will the value of Mexican currency be affected? will there be appreciation, depreciation or will the currency stay roughly the same international markets?
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