ABC-7 Xtra: Strong Peso impacting the Borderland's economy
The value of the Mexican peso has increased by an estimated 18%, but a strong peso could be a double-edged sword.
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The value of the Mexican peso has increased by an estimated 18%, but a strong peso could be a double-edged sword.
A stronger Mexican peso used to be good news for El Paso merchants, no questions asked. But times change and things get complicated.
EL PASO, Texas (KTSM) The peso is currently stronger, taking 16.90 pesos to get a dollar and 17.90 pesos to exchange dollars for pesos. The stronger peso means it will cost more for Americans traveling to Mexico. “It makes it hard for Americans who travel as tourists to Mexico to visit Cancun or any of […]
EL PASO, Texas — Real estate developer Tanny Berg doesn’t see chaos and danger when he looks at the lines of people who have come to the border as the United…
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