Suppose the rumor regarding the collapse of the Mexican peso con tinues. How does the central bank ensure that the exchange rate remains fixed?
a. The bank uses its dollar reserves to meet the excess demand for dollars.
b. The bank borrows dollars abroad.
c. The bank sells pesos
d. All of the...
some local food shopping? I wanted to know the worth of mexican peso ( not Xchange rate ) like , how much peso should be enought to say buy some local food or a bottle of water or some small gift items generally .. like what can get in say 100 peso?