| 单词 | peso |
| 例句 | I keep up my tiendita work as long as I can, to add more to my little hoarded paper pesos. Beast Rider 2019-03-01T00:00:00Z They were the poorest sort of runners, racing for no more than a handful of pesos, but Howard enjoyed sitting in the stands and cheering them home. Seabiscuit: An American Legend 2001-01-01T00:00:00Z She digs into a pocket and presses 10 pesos into Enrique’s hand. Enrique's Journey 2006-02-21T00:00:00Z Aureliano gave her fourteen little gold fishes because she was determined to leave with only what she had: one peso and twenty-five cents. One Hundred Years of Solitude 1967-05-30T00:00:00Z He was making the rounds, distributing the cigarettes and pesos we always brought the guards to encourage them to treat our prisoners right. In the Time of the Butterflies 1994-01-01T00:00:00Z He had gone to the moneylender, and now he handed the borrowed eight hundred pesos to her mother. Lupita Mañana 1981-03-21T00:00:00Z I suppose she used her knowledge of the most secret side of the men in power to return the fifty pesos I once lent her. The House of the Spirits: A Novel 1982-01-01T00:00:00Z Enrique receives 2‘A pesos for helping a woman in a small station wagon back up. Five minutes later, a woman in a blue dress arrives in a white Pontiac Bonneville. “ Enrique's Journey 2006-02-21T00:00:00Z Enrique has had a good night washing cars: he made 60 pesos. Enrique's Journey 2006-02-21T00:00:00Z “The bigger kid’s got four pesos, that’s all. Let the little one go.” Lupita Mañana 1981-03-21T00:00:00Z I devise myself a peso plan, for the trip in general—food and stuff—but especially for my feet. Beast Rider 2019-03-01T00:00:00Z If only he can earn 20 pesos more. Enrique's Journey 2006-02-21T00:00:00Z With the 30 pesos he has left, he takes a bus that winds into the city. Enrique's Journey 2006-02-21T00:00:00Z “Thanks to your fifty pesos, patron,” she replied. The House of the Spirits: A Novel 1982-01-01T00:00:00Z She counted out a hundred pesos and surprisingly handed the rest of the money not to Salvador but to Lupita. Lupita Mañana 1981-03-21T00:00:00Z He was skinny as a coyote, with not even two pesos to rub together, but he was filled with a burning desire to survive. The House of the Scorpion 2002-01-01T00:00:00Z By 10 PM. he has accumulated only 10 pesos, about $1. Enrique's Journey 2006-02-21T00:00:00Z She took out some pesos, which she handed to her brother, and then she pinned the seam back together with a safety pin. Lupita Mañana 1981-03-21T00:00:00Z “I will offer five hundred pesos, and perhaps I can sell it to my client for six hundred.” The Pearl 1947-01-01T00:00:00Z He was returning as poor as when he had left, to such an extreme that Úrsula had to give him two pesos to pay for the rental of his horse. One Hundred Years of Solitude 1967-05-30T00:00:00Z Suddenly, she reaches out her car window and presses 3 pesos into his hand. Enrique's Journey 2006-02-21T00:00:00Z Some officers will let you go for 20 pesos. Enrique's Journey 2006-02-21T00:00:00Z The gardener did everything Clara told him to do and won eighty pesos in an illegal numbers game that was held behind a coal store. The House of the Spirits: A Novel 1982-01-01T00:00:00Z They said they was gonna be right there with me, especially if I won all them pesos. We Were Here 2009-10-05T00:00:00Z The state police freed him after he paid 30,000 pesos under the table, fearful that they might charge him with human trafficking. Enrique's Journey 2006-02-21T00:00:00Z Then he proposed raffling himself off among them at ten pesos a chance. One Hundred Years of Solitude 1967-05-30T00:00:00Z “Fifty pesos due at the middle and end of the month until I’m back.” In the Time of the Butterflies 1994-01-01T00:00:00Z She can take it to a bank in Ensenada and get pesos for it.” Lupita Mañana 1981-03-21T00:00:00Z She returns, fumbles for her car keys, gets in, then puts two coins—3Vt pesos—in his hand. Enrique's Journey 2006-02-21T00:00:00Z That is enough to trade in his 30-peso phone card for one worth 50 pesos. Enrique's Journey 2006-02-21T00:00:00Z “And, Salvador, they didn’t find the other pesos. Salvador!” Lupita Mañana 1981-03-21T00:00:00Z They demanded 100 pesos to let them go. Enrique's Journey 2006-02-21T00:00:00Z “If you don’t give us five hundred pesos, ten days in jail!” he says one yelled. Enrique's Journey 2006-02-21T00:00:00Z Jule checked in under a false name and paid the clerk in pesos. Genuine Fraud 2017-09-05T00:00:00Z The national government placed him in the category of a bandit and put a price of five thousand pesos on his head. One Hundred Years of Solitude 1967-05-30T00:00:00Z “I’ll pass you across the river. Give me two hundred pesos,” they say to the unwary; then they take their clients to the riverbank and assault them. Enrique's Journey 2006-02-21T00:00:00Z Catarino, who did not believe in magical tricks of strength, bet him twelve pesos that he could not move the counter. One Hundred Years of Solitude 1967-05-30T00:00:00Z She gave him 6 pesos and told him to go to her house, the one with a pig leashed on the patio, for dinner. Enrique's Journey 2006-02-21T00:00:00Z Worse, he is so desperate that he sacrifices it at a discount, for 40 pesos. Enrique's Journey 2006-02-21T00:00:00Z They offer Enrique 20 pesos and ask him to buy food. Enrique's Journey 2006-02-21T00:00:00Z “Why don’t you just refuse. We’ll put the story on cassette, a hundred and fifty pesos, with a signed glossy photograph thrown in for free.” In the Time of the Butterflies 1994-01-01T00:00:00Z It was a fantastic price because the most sought-after woman earned eight pesos a night, but they all accepted. One Hundred Years of Solitude 1967-05-30T00:00:00Z Enrique drops his belt, a Raiders cap, and the 30 pesos. Enrique's Journey 2006-02-21T00:00:00Z The police officers extorted 20,000 pesos from the family to set them free. Enrique's Journey 2006-02-21T00:00:00Z Still others hollow out mangoes, drop their pesos inside, then pretend to be eating the fruit. Enrique's Journey 2006-02-21T00:00:00Z Astonishingly, he has put together 20 pesos in all. Enrique's Journey 2006-02-21T00:00:00Z For the two calls, he needs two telephone cards: fifty pesos apiece. Enrique's Journey 2006-02-21T00:00:00Z “Their pesos are worthless! They let us visit because they need us, not the other way around!” Dreaming in Cuban 1992-01-01T00:00:00Z He saves a few pesos for the next day and uses all of his money to buy crackers, the cheapest thing that will fill his stomach. Enrique's Journey 2006-02-21T00:00:00Z Enrique asks a man standing near the tracks, “Can you give me one peso to buy some food?” Enrique's Journey 2006-02-21T00:00:00Z Enrique has less than 50 pesos on him, only a few coins that he has gathered begging. Enrique's Journey 2006-02-21T00:00:00Z I was so poor, I didn’t have two pesos to rub together.You’re just like I was at that age. The House of the Scorpion 2002-01-01T00:00:00Z But the brick maker does better than that: 80 pesos. Enrique's Journey 2006-02-21T00:00:00Z He puts only 30 pesos on it, gambling that his second call will be short. Enrique's Journey 2006-02-21T00:00:00Z Why that old thing was certainly not worth ten brand new pesos. How the García Girls Lost Their Accents 1991-01-04T00:00:00Z He needed to earn one hundred pesos to call Honduras to get his mother’s phone number, which he had lost during a beating by train bandits. Enrique's Journey 2006-02-21T00:00:00Z “Those are dollars, right? Dollars are American money. But every country has their own kind. In Mexico it’s pesos.” We Were Here 2009-10-05T00:00:00Z When Mamá returned that afternoon, she inspected Lupita’s hiding place for the pesos. Lupita Mañana 1981-03-21T00:00:00Z She glanced at the laughing Ortega; then she knelt down and picked up all the pesos for which Papá had worked so hard. Lupita Mañana 1981-03-21T00:00:00Z Perhaps, some argued, perhaps it would have been better if Kino took the one thousand five hundred pesos. The Pearl 1947-01-01T00:00:00Z The tall youth chuckled as he stuffed Salvador’s pesos into his shirt pocket. Lupita Mañana 1981-03-21T00:00:00Z The captain reached into his pocket and came nearer the wharf to throw a handful of pesos. Lupita Mañana 1981-03-21T00:00:00Z And after all, a thousand pesos was not to be thrown away. The Pearl 1947-01-01T00:00:00Z I’m attaching 29,000 pesos in stamps, just to make sure it gets all the way to Florida. Flush 2005-09-13T00:00:00Z Esteban gave her the fifty pesos because that morning he had sold five bulls and his pockets were full of bills, and also because the exhaustion of pleasure made him rather sentimental. The House of the Spirits: A Novel 1982-01-01T00:00:00Z Or they pay only a fraction of the going wage, which is 50 pesos, or about $5, a day. Enrique's Journey 2006-02-21T00:00:00Z Without a word, one man hands him 50 pesos. Enrique's Journey 2006-02-21T00:00:00Z “How many pesos you think they gonna give you if you win, man?” We Were Here 2009-10-05T00:00:00Z Pilar Ternera had paid her fifty pesos, half of her life savings, to do what she was doing. One Hundred Years of Solitude 1967-05-30T00:00:00Z Every peso he spends on food cannot go toward the phone cards. Enrique's Journey 2006-02-21T00:00:00Z Yes, our trusted Prieto has been reporting everything he hears in the Mirabal household down at Security for a bottle of rum and a couple of pesos. In the Time of the Butterflies 1994-01-01T00:00:00Z From her pocket she brought out her new wallet, opened it and withdrew the ten pesos from the fold. How the García Girls Lost Their Accents 1991-01-04T00:00:00Z Still in the stall, she counted her money, both pesos and dollars. Genuine Fraud 2017-09-05T00:00:00Z Five years and a fine of five thousand pesos for each of us. In the Time of the Butterflies 1994-01-01T00:00:00Z He takes the pesos the two migrants have given him and walks down the main street, past a bar, a store, a bank, and a pharmacy. Enrique's Journey 2006-02-21T00:00:00Z The one who had the most money offered him twenty pesos. One Hundred Years of Solitude 1967-05-30T00:00:00Z Several other women open his hand, adding 5 or 10 pesos each. Enrique's Journey 2006-02-21T00:00:00Z Now he has gone from two phone cards to one, worth only 30 pesos. Enrique's Journey 2006-02-21T00:00:00Z The winner, however, is the rib-eye; bit pricier, but pesos well spent for tender succulence. Mexico City: what to see plus the best bars, restaurants and hotels 2016-11-11T05:00:00Z An hour from Vicuña is the region’s most powerful tourist telescope, run by a retired astrophysicist. 21,500 pesos. In Chile’s Elqui Valley, Intergalactic Sightseeing Is the Star 2015-06-25T04:00:00Z When I returned, I sent them all my bank information and a note that it cost me 2,999 Mexican pesos for a new reservation, plus an additional night at the hotel for her. Hey TAR Airlines, where’s my ticket refund? 2017-10-23T04:00:00Z “I don’t support that, that’s a step backward. I’m just rapping to earn some pesos.” “Toothless Cindy” raps on Colombian buses to make ends meet 2020-11-04T05:00:00Z An average meal for two, not including drinks or tip, is about 60,000 pesos. Charting New Frontiers in Chilean Cuisine 2015-10-07T04:00:00Z Admission to the Tulum ruins, on a bluff facing the sea, is 57 pesos or about $4 at 13 pesos to the dollar, a person. 10 Winter Getaways to Suit Every Age 2012-01-27T16:57:27Z Doubles start at around 17,000 Philippine pesos, but hotel rates tend to be negotiable. Next Stop: Growth Alters Island Life in Boracay, Philippines 2010-07-07T20:16:00Z Two tamales with beans and salsa cost about 40 pesos. Choice Tables: Mexico City for Tamales, Tortas and Tacos 2012-09-14T17:33:47Z And exploring these many varieties was easy, since filling up never cost either of us more than 60 pesos, about $4.65 at 13 pesos to the dollar. Choice Tables: Mexico City for Tamales, Tortas and Tacos 2012-09-14T17:33:47Z Negotiate a fair fee – tourists’ pesos are important to Cubans living traditional lifestyles. The best of Cuba, beyond Havana: readers’ travel tips 2015-08-06T04:00:00Z And they largely succeeded, which led to a stronger financial sector and peso, Argentina’s currency, for three main reasons. Argentina beat the odds, will revive its economy 2018-10-16T04:00:00Z Reyes was headed for a pavilion that offered mostly local books in the local currency, a peso that is worth a little under 5 cents. Cuba's celebration of books draws millions 2011-02-20T18:01:04Z Dinner is about 190,300 pesos for two, with wine. Love and Cartagena: Gabriel Garc?a M?rquez Dreamed Here 2010-04-29T22:16:00Z Set during the Mexican Revolution of a century ago, this reckoning with the text speaks of pesos instead of ducats, and substitutes cactuses and sombreros for the Sicilian setting offered up by Shakespeare. A Mexican-Style ‘Much Ado About Nothing’ 2017-08-24T04:00:00Z When visitors arrive in Cuba, foreign coinage is exchanged into a special currency known as a CUC — a Cuban convertible peso. In Cuba, as an uncertain future inches closer, it’s still a step back in time 2016-07-28T04:00:00Z Two: I give you a hundred pesos, with a promise to redeem them for $100 if you ask? Class decides everything 2012-06-24T16:00:00Z Main dishes are about 50 to 80 pesos. Argentina?s Napa Valley 2010-11-19T19:24:00Z For 50 pesos, participants get up to eight glasses of different wines. Latin America 2011 |?Heads Up: In Buenos Aires, Wine Tastings From All Over Argentina 2011-09-16T18:55:00Z Two-hour guided tours to the region’s oldest and most popular tourist observatory depart nightly from Vicuña’s main square. 4,500 pesos. In Chile’s Elqui Valley, Intergalactic Sightseeing Is the Star 2015-06-25T04:00:00Z For a few pesos, a wandering young face painter added a Mexican flag in glitter paint to the back of my hand. Spend holidays in foreign lands for a joyful taste of cultures 2016-12-08T05:00:00Z Even the biggest dolt who ever walked would know, before going to Italy, that the currency there isn't pesos. "Jersey Shore" recap: 4x1 2011-08-05T12:30:00Z Guided tours range from 500 to 700 pesos depending on group size. 10 Winter Getaways to Suit Every Age 2012-01-27T16:57:27Z “We only accept pesos,” the cashier told me. Coffee, conceptualism and a theft: Artist Gabriel Orozco's artsy convenience store in Mexico City 2017-02-17T05:00:00Z His face was on the two peso note. Photographer Ren? Burri's best shot 2010-03-24T23:00:00Z Every group must be accompanied by a tourism office-vetted guide, who charges 500 pesos. Mount Pinatubo, 20 Years After the Blast 2012-11-28T00:08:03Z It’s a peculiar place, a private campground down a steep gravel road where aging R.V.s and mobile homes are rented as cabins for 225 pesos night. In Baja, Camping, Cactus and Cocktails 2014-10-31T04:00:00Z Bikes are available for 15 pesos an hour from municipal offices at the corner of 62nd and 63rd Streets or along the avenue. 36 Hours in M?rida, Mexico 2011-12-01T18:35:24Z The island’s economy runs on dual currencies: the Cuban convertible peso, or CUC, meant primarily for tourists, and the local peso, or CUP, which Cubans use for most day-to-day transactions. What, Reserve a Table? Cubans Confront a New Dining Culture 2016-04-04T04:00:00Z They talk about their families earning 4 pesos a day and work out how long it would take to buy that pen. "Havana is . . . the fantasy of Americans": Filmmaker on capturing the "utopia" of Cuba in new doc 2020-08-24T04:00:00Z It’s more of a splurge: Lunch for two with drinks is around 2,500 pesos. On the Road to Uruguay’s Barely Known and Beautiful Beaches 2019-01-22T05:00:00Z Dinner is about 500 pesos, about $22 at 23 pesos to the dollar. Wine, Olive Oil and the Good Life in Uruguay 2014-09-11T04:00:00Z The amount includes an additional processing fee of 20,000 pesos. One Direction duo face drug penalty 2015-03-19T04:00:00Z A good pit stop is the entrance to the Bosque de Chapultepec, the city’s largest park, where vendors sell freshly peeled, spice-covered oranges for a few pesos. 2010-01-22T17:28:00Z With items on the breakfast, lunch, dinner and happy-hour menus ranging from $6-$12, you'll be able to save your pesos for more tequila. La Luna: Mexican dishes with a Northwest flair 2011-06-23T20:45:06Z The work, divided into quadrants, features elements of a skeleton, a brain and a disembodied hand, along with words like “potato” and “peso” in addition to “flesh” and “spirit.” Daughter Sues Father for Trying to Block Sale of a Basquiat 2018-06-08T04:00:00Z More instructional tastings on Thursday evenings, led by guest experts, are 100 pesos a person. Latin America 2011 |?Heads Up: In Buenos Aires, Wine Tastings From All Over Argentina 2011-09-16T18:55:00Z All dishes are from 8 to 12 pesos. 36 Hours in M?rida, Mexico 2011-12-01T18:35:24Z Expect to spend about 4 to 6 pesos for one. 36 Hours in Salta, Argentina 2013-04-25T20:30:31Z Once assembled, Hidalgo urged them, too, to join his rebellion, promising an end to taxes, plus modest rewards — a peso daily for those who came on horseback and half that for those on foot. Three Cities on the Mexican Independence Trail 2010-08-20T17:51:00Z I had a lovely plate of enchiladas suizas stuffed with chicken and drowning in a tangy green chili salsa for 91 pesos, less than $5, plus a freshly squeezed orange juice for another 35 pesos. Escaping Mexico City’s Hustle Within City Limits 2018-04-20T04:00:00Z By now we had a hearty stash of pesos, yen and shekels. This Life: Act II for the Tooth Fairy ? This Life 2011-12-09T18:52:47Z Dinner for two costs about 300 pesos with wine. 36 Hours in Salta, Argentina 2013-04-25T20:30:31Z I came into contact with hard working people who were just trying to make a peso and improve their lot. Two Cities, Two Countries, Common Ground 2018-02-05T05:00:00Z Better start pinching your pennies, pesos and pounds. Nine budget strategies for your next vacation 2018-08-01T04:00:00Z The price for a meal is a barometer for the socioeconomic standing of the neighborhood in which it is located: 50 pesos is standard, but glitzier neighborhoods' comida corrida can rise to 80 pesos. The enduring comfort of comida corrida 2021-11-18T05:00:00Z From the outside, it looks like a small grocery, with a “Send Money” sign and the current Philippine peso exchange rate posted in the window. Sariling Atin in Elmhurst, Queens 2015-01-29T05:00:00Z The customer asked for two dollars back, "not pesos." Texas smoothie shop customer chucks drink at worker in viral video 2021-01-06T05:00:00Z Also, it’s worth the 30 extra pesos to buy a photo permit so you can snap pictures in the museum — employees are very aggressive about enforcing the permit rule. Escaping Mexico City’s Hustle Within City Limits 2018-04-20T04:00:00Z Dinner for two, with drinks, about 100,400 pesos. I Just Got Back From Medellin! 2013-01-18T20:52:11Z Argentina is going through another economic crisis, after the peso currency and stock market collapsed this week after the left-wing opposition romped to victory in primary elections on Sunday, ahead of presidential polls in October. Amid fresh meltdown, Argentine film gives last laugh to victims of... 2019-08-15T04:00:00Z A 70-meter obelisk marks the site, which is open daily and charges 10 pesos. Mount Pinatubo, 20 Years After the Blast 2012-11-28T00:08:03Z The pay is pitiful — he asks for 3 pesos a day and receives 2 ½ — but he takes the job only to faint from hunger shortly afterward. Movie Review: Lino Brocka’s ‘Manila in the Claws of Light’ 2014-02-05T23:10:25Z While Mexico is a lovely country that has undoubtedly paid a pretty penny in promotional pesos to host the show in Mexico City, there is one small fact marring the trip. 'The Bachelor' Watch: Oh, Mexico 2016-02-01T05:00:00Z With young people from around Latin America and Spain streaming into the city, and the Mexican peso hitting record lows against the dollar, the city — daunting and endless as it is — radiates energy. 52 Places to Go in 2016 2016-01-07T05:00:00Z That was when the Argentine government reneged on its promise to redeem pesos for greenbacks. Class decides everything 2012-06-24T16:00:00Z The same goes for the Argentine peso, and doubly so for currencies of absolute-shambles countries. Class decides everything 2012-06-24T16:00:00Z The next day, eager to expose young Ryan to a brighter hue of the Medellín rainbow, we each paid just 1,800 pesos, about a dollar, for a metro ticket. I Just Got Back From Medellin! 2013-01-18T20:52:11Z An average dinner for two, not including tax or tip, is about 44,000 pesos. Charting New Frontiers in Chilean Cuisine 2015-10-07T04:00:00Z My father was taken for six hours in a trunk – they stole 5,000 pesos,” Iñárritu says with a mirthless laugh. Alejandro González Iñárritu: 'When you see The Revenant you will say "Wow"' 2016-01-03T05:00:00Z Average cost for two people, with drinks but not tip, is about 1,200 pesos, or $95 at 12.6 pesos to the dollar. Bites: MeroToro in Mexico City - Restaurant Report 2012-03-02T23:24:30Z I requested 2,999 pesos be deposited within the two weeks they stated. Hey TAR Airlines, where’s my ticket refund? 2017-10-23T04:00:00Z Ms. Aviles, who lives in the city, said that the peso is weak compared with the dollar, and prices, in general, are low. Paris, Chicago and Beyond: How to Have a Luxury Trip for Much Less Than You Think 2018-07-30T04:00:00Z The peso is down almost 50 percent in value since April versus the dollar. Argentina beat the odds, will revive its economy 2018-10-16T04:00:00Z I picked up a bag of four of the fried sugary treats for 15 pesos. Escaping Mexico City’s Hustle Within City Limits 2018-04-20T04:00:00Z Soon afterwards, the Mexican peso was devalued and the family fortune shrank dramatically. 'Reality has surpassed satire' 2010-08-21T23:04:00Z Inflation in Argentina, a constant problem, meant that a dollar was worth around 17 pesos when we were there. At Chapelco in Argentina, Skiing, Steaks, Sun (and Few Crowds) 2017-12-12T05:00:00Z But in karaoke bars where one song costs 5 pesos, or a tenth of a dollar, strangers often rub shoulders, sometimes uneasily. 2010-02-07T10:21:00Z For just 30 pesos, I attended an evening showing of the Best Picture-winning “The Shape of Water.” Escaping Mexico City’s Hustle Within City Limits 2018-04-20T04:00:00Z Eventually I made it into the main showroom, where I surveyed the gorgeous collection of plates, cups, saucers and other decorative pieces before finally settling on something: A small juicer for 216 pesos. Escaping Mexico City’s Hustle Within City Limits 2018-04-20T04:00:00Z Humberto will be our guide and, because the cave is on his ranch, will collect the 100 peso fee set by the government. From Loreto, 3 day-trip adventures in Baja’s high desert 2017-06-01T04:00:00Z They wanted 300,000 pesos, so I told them to call my mother. COVID-19 in ICE detention: An asylum-seeker on getting coronavirus in a for-profit immigration jail 2020-07-18T04:00:00Z Meals are extra and modestly priced from 5 to 20 Cuban convertible pesos. Want to See the Wild Side of Cuba? Try a Kayak 2018-05-16T04:00:00Z The lomo will put you back only 41 pesos and the brew 15 pesos, so consider it a cheap date. 36 Hours: 36 Hours in Mendoza, Argentina 2012-04-05T15:13:36Z Main courses are about 80 to 160 pesos. Argentina?s Napa Valley 2010-11-19T19:24:00Z The book that caught her eye cost 25 convertible pesos, or $27 - more than the average monthly salary in Cuba. Cuba's celebration of books draws millions 2011-02-20T18:01:04Z Lunch, eaten off plastic plates, is a bargain at around 800 pesos for two. On the Road to Uruguay’s Barely Known and Beautiful Beaches 2019-01-22T05:00:00Z Many Oaxacan immigrants made their way north to find work and better living conditions in the early 1990s, just before the Mexican government’s devaluation of the peso threw that country into economic turmoil. A Delicious Link to Oaxaca in South Los Angeles 2019-03-04T05:00:00Z Soon afterwards, Argentina defaulted on its debt and devalued the peso - destroying the savings of many ordinary Argentines. Amid fresh meltdown, Argentine film gives last laugh to victims of... 2019-08-15T04:00:00Z At A Mi Manera, prices are much higher than the historic five pesos, but the two Martas offer an improved product. Cuban entrepreneurs take a bigger slice of profits thanks to reforms 2017-08-20T04:00:00Z With the peso at record lows, for example, this winter is an ideal, and affordable, time to visit Mexico. Five Ways to Shop for the Best Vacation Package 2016-12-02T05:00:00Z Maxime “pays a peso a day to cut cane until your hands bleed,” the captain explains. 'Boardwalk Empire' Recap: Paying the Price 2014-09-28T04:00:00Z The store also offers private, personalized tastings at 150 pesos a person. Latin America 2011 |?Heads Up: In Buenos Aires, Wine Tastings From All Over Argentina 2011-09-16T18:55:00Z The 5,000-square-foot box features a sunken dance floor and tables for profligate patrons to hemorrhage euros and Mexican pesos. Forget the Clothes, Show Me the New Bars 2013-09-06T21:57:25Z Tastings, which usually include four glasses with small plates of food, are 90 to 450 pesos a person, available Monday to Friday, from 5 to 8 p.m. Latin America 2011 |?Heads Up: In Buenos Aires, Wine Tastings From All Over Argentina 2011-09-16T18:55:00Z With affordable flights from the U.S. and the Mexican peso worth half what it was five years ago against the dollar, there’s no better time to visit. Spring-break alternative: A road trip across Yucatán Peninsula 2017-03-03T05:00:00Z It is a mysterious city of contradictions, the currency leans on the CUC, the Cuban peso which in turn leans on the American tourist dollar, their value is the same. Havana’s Symphony of Sound 2018-03-12T04:00:00Z “It’s 400 pesos for a private boat tour with a guide,” one of the young men said. Next Stop: Mexico Without the Crowds, or Attitude 2012-06-01T19:25:40Z Torres was lined up for one that sells in "convertible pesos," which are worth just over a dollar. Cuba's celebration of books draws millions 2011-02-20T18:01:04Z The experience is even more uphill for locals, who pay 2 Cuban convertible pesos per hour for internet use. In Havana, Gay Bars Hold Their Own Against the Internet 2016-06-17T04:00:00Z Second, capital controls were implemented to keep pesos in Argentina. Argentina beat the odds, will revive its economy 2018-10-16T04:00:00Z Hire your own boat for about 160 pesos an hour . 2010-01-22T17:28:00Z If you said anything at all, you passed, and were rewarded with a Cuban peso, a coin utterly valueless outside the island’s bizarre dual-currency system. Havana’s Vital Biennial Was Trumped by a Stifled Voice 2015-07-01T04:00:00Z And whether it adopts other prudent policies such as increasing public revenue by re-instituting export taxes and putting in place currency controls to ensure a stable peso. Argentina beat the odds, will revive its economy 2018-10-16T04:00:00Z Massa has described the programs as helping people get by after the government devalued the peso by almost 20% in August, which pushed inflation even higher. Argentina’s Peronist machine is in high gear to shore up shaky votes before the presidential runoff 2023-11-16T05:00:00Z Milei wants to end currency controls that protect the peso but warp trade, and favors laxer gun controls and tighter rules on abortion. Argentina's Javier Milei: the radical who could blow up political status quo 2023-11-17T05:00:00Z Investors also agree that the Argentine peso is over-valued, meaning a devaluation is likely in the cards. Argentina investors brace for financial pain no matter who wins presidency 2023-11-16T05:00:00Z The novelty is that the small shops like the one in Vedado and bigger bodegas like the “Cuban Costco” are entirely private and accept payments in Cuban pesos. Cuban private grocery stores thrive but only a few people can afford them 2023-11-14T05:00:00Z Voters seemed ready to abandon them as inflation soared over 100%, the peso currency plunged and poverty spread. Argentina's Peronists seek rebirth from ashes of economic crisis 2023-11-14T05:00:00Z Despite hiking rates to the highest level since June 2007, the Philippine peso is down about 2% against the U.S. dollar for the year. Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec: Reuters poll 2023-11-14T05:00:00Z The local monthly minimum wage is 132,000 pesos, $377 at the official exchange rate but half that at real street rates due to capital controls - restrictions on foreign exchange transactions. 'Can't buy new jeans': Argentina inflation hits 143% as shoppers tighten belts 2023-11-13T05:00:00Z Economy Minister Massa has defended the use of the peso, which has sharply depreciated against the U.S. dollar amid the economic turmoil. Argentina retail prices seen slipping under double digits in October 2023-11-10T05:00:00Z Foreign companies also complain that local regulations, bureaucracy and problems with the peso currency and payments also bog down business in Cuba. Cuba seeks foreign investment, thumbing nose at US sanctions 2023-11-06T05:00:00Z However, they were offset by the appreciation of the Mexican peso compared to the dollar and a drop in income from discontinued operations, which included Femsa's previous stake in Heineken. Mexico's Femsa posts third-quarter profit dip on peso strength, discontinued ops 2023-10-27T04:00:00Z Ahead of the results, analysts at Barclays said they expected solid same-store sales, but some negative impact in Central America from a strong Mexican peso. Walmex Q3 net profit jumps more than 12%, pushed by higher sales 2023-10-25T04:00:00Z María Teresa Ortiz, a 68-year-old retiree, lives off her pension and from casual sewing work, which pays her 400 pesos an hour, officially about a dollar. 'Can't buy new jeans': Argentina inflation hits 143% as shoppers tighten belts 2023-11-13T05:00:00Z The tightly controlled official exchange rate was devalued to 350 pesos per greenback in August, though it currently trades for nearly three times that on the informal parallel market. Argentina retail prices seen slipping under double digits in October 2023-11-10T05:00:00Z Massa would stick with the peso and try to bolster the labor market and growth. Explainer: Argentina presidential election: Key takeaways from first-round vote 2023-10-23T04:00:00Z Argentines also bought dollars and removed hard currency deposits from banks as the peso accelerated its already steady depreciation. Argentine economy minister has surprise win over populist, and they head toward presidential runoff 2023-10-22T04:00:00Z Argentina has witnessed a rise in support towards the far-right politician, who has vowed to scrap the central bank and replace the Argentine peso with the US dollar. Argentina presidential election: Javier Milei and Sergio Massa head for run-off vote 2023-10-22T04:00:00Z Argentina has for years battled high inflation, which economists blame on money printing and an entrenched lack of confidence in the local peso. 'Can't buy new jeans': Argentina inflation hits 143% as shoppers tighten belts 2023-11-13T05:00:00Z "The effect of August's peso devaluation was diluted, but it seems more inertia is building now than from before the previous exchange rate shock." Argentina retail prices seen slipping under double digits in October 2023-11-10T05:00:00Z He has said he will cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Crisis-hit Argentina votes, with radical front-runner in spotlight 2023-10-22T04:00:00Z People with any disposable income snapped up goods in anticipation of a possible currency devaluation, recalling that the government devalued the peso by nearly 20% the day after the August primaries. Argentine economy minister has surprise win over populist, and they head toward presidential runoff 2023-10-22T04:00:00Z He has pledged to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Argentina votes in election under shadow of economic crisis 2023-10-22T04:00:00Z He proposes to reduce inflation by eliminating Argentina's central bank, ditching the Argentine peso, which he calls "excrement", and using the US dollar instead. Argentina votes in election rocked by radical candidate 2023-10-22T04:00:00Z The day after the primaries, the government devalued the peso nearly 20%. Mired in economic crisis, Argentines weigh whether to hand reins to anti-establishment populist 2023-10-21T04:00:00Z He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Argentina heads to the polls in grip of fierce economic crisis 2023-10-22T04:00:00Z "Voters seem genuinely intrigued by Milei's promise to dollarise the economy. They are ready to drop the peso like a bad habit, whether or not Milei could effectively adopt the US currency." Argentina election: Javier Milei, TikTok economist, leads polls 2023-10-20T04:00:00Z Laura Abram, a housewife in Buenos Aires, said when she was paying the usual 59 pesos fare a message popped up on the screen showing 700 pesos, the new price if users decline state subsidies. Easy choice on Buenos Aires buses: pay 59 pesos or 700? 2023-10-19T04:00:00Z Ms Bullrich, 67, has proposed a dual currency system that would combine both the peso and dollar in the economy, unifying the exchange rate and relaxing restrictions on the dollar. Argentina votes in election rocked by radical candidate 2023-10-22T04:00:00Z Argentines were also buying dollars and removing hard currency deposits from banks as the peso accelerated its already steady depreciation. Mired in economic crisis, Argentines weigh whether to hand reins to anti-establishment populist 2023-10-21T04:00:00Z The depreciation of the Argentinian peso and the Turkish lira also had a negative impact on the quarter that mostly offset Renault raising its vehicle prices and reining in consumer discounts. Slowdown in Renault's sales volumes hits shares 2023-10-19T04:00:00Z Inflation is at 138%, net reserves of foreign currency are in the red, savers are ditching the peso, and a recession is looming. Argentina braces for election with economy in 'intensive care' 2023-10-19T04:00:00Z Bullrich says that, if elected, the peso and the dollar will coexist while the Central Bank will gain independence. Down, but not out: Two Argentine political veterans seek to thwart upstart firebrand 2023-10-17T04:00:00Z Milei, who is seeking to shut the central bank and dollarize the economy to tame inflation, recently recommended depositors avoid renewing bank holdings in pesos, arguing that the peso does not even serve as "excrement." Argentina central bank hikes key rate to 133% as inflation worsens 2023-10-12T04:00:00Z Savings have also been hit after the government announced a near-18% devaluation of the peso in mid-August, which coincided with the last bank hike, and saw the rate increase from 97% to 118%. Argentina central bank raises interest rate to 133% as peso falters 2023-10-12T04:00:00Z The possible fine for the spill was set at up to 40 million pesos, worth about $3 million then. Mexico govt blames Grupo Mexico for 2014 toxic spill, wants new cleanup plan 2023-10-12T04:00:00Z In a bid to tamp down inflation Argentina's central bank has hiked the benchmark interest rate to 133%, which encourages saving in pesos, but hurts access to credit and economic growth. Argentina braces for election with economy in 'intensive care' 2023-10-19T04:00:00Z The retail price index soared in August after the government devalued the local currency by almost 18% to 350 pesos, alongside a series of other economic measures ahead of the presidential elections on Oct. Argentina retail prices to maintain double-digit rise in September - Reuters poll 2023-10-11T04:00:00Z Milei, who seeks to shutter the central bank and dollarize the economy to tame triple-digit inflation, recently recommended depositors avoid renewing bank holdings in pesos, arguing that the peso does not even serve as "excrement." Argentina's beleaguered peso sinks to new low as election looms 2023-10-10T04:00:00Z The so-called blue rate, as the informal exchange rate is known, closed at around 1,025 pesos to the U.S. dollar Tuesday, a sharp increase from 880 pesos on Friday. Argentina’s populist presidential candidate Javier Milei faces criticism as the peso takes a dive 2023-10-10T04:00:00Z "Everything is working against the peso because basically nobody wants to deal with them," a capital bank manager with business in Argentina said on condition on anonymity. Argentine peso descent quickens, hits new record low 2023-10-10T04:00:00Z The peso saw its biggest daily decline in nearly four months on Oct. Exclusive: Chile central bank sees peso tumble to only have short-term impact on prices-Costa 2023-10-10T04:00:00Z The largest local bill - the 2,000 peso note - no longer covers a simple trim. The Buenos Aires barber's books: a history of 19,900% inflation 2023-10-07T04:00:00Z Inflation is at 124% annually, net central bank reserves are negative, while the government was forced to devalue the peso by 20% in August. 'Election fear' stalks Argentina's markets as volatile vote nears 2023-10-03T04:00:00Z Stringent capital controls mean that access to the official foreign exchange market, which currently prices a dollar at 367 pesos, is extremely limited, so parallel rates have flourished. Argentina’s populist presidential candidate Javier Milei faces criticism as the peso takes a dive 2023-10-10T04:00:00Z Al-Haffar said Cemex is also considering issuing local currency bonds to take advantage of the strong exchange rate, the report added, noting that this would be its first debt sale in pesos since 2011. Mexico's Cemex in talks with banks over $3 bln debt refinancing 2023-09-21T04:00:00Z The Mexican peso is one of the world’s strongest currencies. How many people work for the Mexican drug cartels? Researchers have an answer 2023-09-21T04:00:00Z Galante recalls setting his price at 15 pesos, which he would maintain for over a decade. The Buenos Aires barber's books: a history of 19,900% inflation 2023-10-07T04:00:00Z Investors are betting on another devaluation after the election, putting pressure on the peso and leading to a rush to dollarize their holdings. 'Election fear' stalks Argentina's markets as volatile vote nears 2023-10-03T04:00:00Z President Donald Trump, has said he wants to replace the peso with the dollar and says Argentina’s Central Bank should be abolished. Argentina’s populist presidential candidate Javier Milei faces criticism as the peso takes a dive 2023-10-10T04:00:00Z “If we’re just talking about logistics, about the reality, no group is going to stop extorting because they’re earning a million pesos,” Castillo said of the planned stipend for young people. Colombia’s president has a plan for ‘total peace.’ But militias aren’t putting down their guns yet 2023-09-18T04:00:00Z In the 1990s, the global lender was a continuous feature in Argentina, providing financing and technical assistancewhile the government fixed the peso to the U.S. dollar. Analysis: IMF's Argentina predicament: Seek reforms and tango on or kill the music 2023-09-15T04:00:00Z A price of 15 pesos equaled $15 with the currency peg. The Buenos Aires barber's books: a history of 19,900% inflation 2023-10-07T04:00:00Z Future peso operations show bets on an imminent devaluation of the currency. 'Election fear' stalks Argentina's markets as volatile vote nears 2023-10-03T04:00:00Z In recent days, Milei has suggested that the sharp depreciation of the peso could be convenient for his eventual presidency, saying that “the higher the price of the dollar, the easier it is to dollarize.” Argentina’s populist presidential candidate Javier Milei faces criticism as the peso takes a dive 2023-10-10T04:00:00Z Argentina is facing a looming recession after drought disrupted its key farm sector, negative foreign currency reserves and a weak peso, while battling to salvage a $44 billion deal with the International Monetary Fund. Argentina holds interest rate steady despite inflation spike -source 2023-09-14T04:00:00Z The backdrop is a U.S. dollar and an Argentine 500-peso note joined like a book, a clear allusion to the rapid depreciation of the local currency, the peso. Paintings on pesos illustrate Argentina’s currency and inflation woes 2023-09-13T04:00:00Z The high inflation rate is in large part a product of the government’s devaluation of the local currency, the peso, by nearly 20% following the Aug. 13 primaries. Argentine inflation keeps soaring, putting the government on the defensive as elections near 2023-09-13T04:00:00Z He displays meat prices in dollars, the currency that many use as a refuge from the constant devaluation of the peso. Argentine shoppers face daily race for deals as inflation soars above 100% 2023-09-13T04:00:00Z Milei’s opponents in the presidential race sharply criticized his words, saying he’s fomenting a run on the peso. Argentina’s populist presidential candidate Javier Milei faces criticism as the peso takes a dive 2023-10-10T04:00:00Z Still, the peso currency strengthened over 1.5% against the dollar, leading a rise in Latin American currencies. Mexico's election year deficit plan fuels fear over finances 2023-09-11T04:00:00Z The peso has depreciated around 60% compared to the U.S. dollar over the past year. Paintings on pesos illustrate Argentina’s currency and inflation woes 2023-09-13T04:00:00Z The main exceptions being the Indonesian rupiah and Philippine peso, which were little-changed on the day. Morning Bid: Japan waves ripple far and wide 2023-09-11T04:00:00Z Argentina's monetary base of cash in circulation and deposits is 6.15 trillion pesos, around $17.5 billion at the official exchange, central bank data show. Argentina, in dollar love affair, agonizes over divorcing the peso 2023-09-05T04:00:00Z The depreciation of the peso will accelerate already red-hot inflation that was at an annual rate of 124% in August. Argentina’s populist presidential candidate Javier Milei faces criticism as the peso takes a dive 2023-10-10T04:00:00Z Here in the southern state of Oaxaca — among Mexico’s poorest — a weaker dollar means fewer pesos to buy livestock, food and other necessities, or pay for quinceañeras, marriages and funerals. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z Artist Sergio Díaz and other Argentine artists’ Money Art movement uses moderately priced brushes and acrylics to paint banknotes of 10, 20, 100, or 1,000 pesos and then share their work on social media. Paintings on pesos illustrate Argentina’s currency and inflation woes 2023-09-13T04:00:00Z The maximum price for well-milled rice was set at 45 pesos a kg, below the range of 47 pesos to 56 pesos offered by retailers based on government data. Philippines curbs rice prices as inflation worry mounts 2023-09-01T04:00:00Z On the streets of downtown Buenos Aires, there are signs everywhere with dollar prices alongside those in pesos. Argentina, in dollar love affair, agonizes over divorcing the peso 2023-09-05T04:00:00Z In Latin America, Brazil and Colombia’s currencies have seen their biggest monthly drop in almost a year, while Argentina has devalued its long-troubled peso by more than 20%. Emerging markets beaten back in August as China chills the mood 2023-08-31T04:00:00Z They never see the dollars, which are converted into pesos. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z Brazilian soccer fans have torn up peso bills as a mockery to their Argentine rivals. Paintings on pesos illustrate Argentina’s currency and inflation woes 2023-09-13T04:00:00Z The move comes two weeks after the government devalued the peso by nearly 20%, accelerating annual inflation which already was hovering around 115% as Argentines saw their purchasing power dwindle yet further. Argentina offers financial aid to crisis-hit workers and pensioners 2023-08-27T04:00:00Z However, it was forced to undo the peg a decade later as a major economic crisis and run on the peso sparked riots and saw the currency board collapse. Argentina, in dollar love affair, agonizes over divorcing the peso 2023-09-05T04:00:00Z The Philippine peso has slipped nearly 2%, having touched a nine-month low last week on concerns over China and the Fed. Analysis: Asia's worries over currency volatility get in the way of rate cuts 2023-08-25T04:00:00Z Wary guards with shotguns eye the crowds as armored cars pull up and unload bundles of pesos in plastic bags to restock the bustling exchange houses. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z In Paraguay, exchange offices have begun to reject Argentine pesos. Paintings on pesos illustrate Argentina’s currency and inflation woes 2023-09-13T04:00:00Z Massa said workers will receive 400 billion pesos in loans, while self-employed workers will be offered six months of tax relief and those on food benefits will receive additional stipends. Argentina offers financial aid to crisis-hit workers and pensioners 2023-08-27T04:00:00Z She has pledged to undo the controls, known locally as the "cepo," that have slowed the peso's slide but sparked thriving parallel markets where dollars are over twice as expensive as the official exchange rate. Argentina's capital controls are an 'instrument of torture,' Bullrich says 2023-08-24T04:00:00Z A recent sharp devaluation of the peso currency has pushed up consumer prices further this month. In Argentina, scattered looting portends ugly election race as inflation bites 2023-08-23T04:00:00Z By the end of that year, the dollar fell to about 20 pesos, where it hovered until last fall before starting to slide. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z The changes were needed to stem a cash shortage, Cuban central bank officials said, as the fast-falling peso and soaring consumer prices combined to drain bank reserves and ATM machines. As Cuba takes leap towards 'cashless' economy, entrepreneurs brace for impact 2023-08-21T04:00:00Z “I sell candy for 10 pesos. That’s the only way I make money.” Tijuana braces for Hilary impact: 'I’m just praying that nobody gets hurt' 2023-08-20T04:00:00Z Consumer prices are expected to rise further in August after Milei's shock primary win led to a sharp peso devaluation. Argentina sets grocery price controls for 90 days to tame inflation 2023-08-18T04:00:00Z The peso also depreciated sharply in the informal markets, leading to a surge in prices that will accelerate consumer prices in a country that is already experiencing a galloping annual inflation of more than 100%. Argentina’s anti-establishment candidate Milei engages IMF in economic talks after shock primary win 2023-08-18T04:00:00Z Federal Reserve target — a disparity that has drawn international investors hunting yields in pesos and peso-denominated bonds. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z Sentiment the government will be unable to pass its current reform agenda seemed to be driving the appreciation of the volatile Colombian peso, he added. Colombia's Grupo Aval cuts 2023 loan forecast after 'exorbitant costs' 2023-08-17T04:00:00Z The company said results were "negatively impacted by a 10.1% appreciation of the Colombian peso." Colombia's Grupo Aval posts 75% fall in profit as bank margins fall 2023-08-17T04:00:00Z The long-struggling peso, held in check by capital controls for years, plunged this week after a shock primary election result raised the possibility of a radical libertarian economist winning the presidential election in October. Argentines rush to dollar safety as election uncertainty looms 2023-08-16T04:00:00Z Argentina's peso could soon be a thing of the past. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z The surging tide of remittances from the United States has also played a role in driving up the peso. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z "Once this process is over, we foresee the peso to reestablish a depreciation path," Sarmiento said. Colombia's Grupo Aval cuts 2023 loan forecast after 'exorbitant costs' 2023-08-17T04:00:00Z The government responded by devaluing the peso, a long-suggested move that the government had been against. Analysis: Argentina investors see silver lining in Milei election shock 2023-08-15T04:00:00Z Households have rushed to convert their pesos to dollars as a more stable way to protect their savings. Argentines rush to dollar safety as election uncertainty looms 2023-08-16T04:00:00Z Argentines have traditionally set little store by their own currency, preferring to convert their spare pesos into dollars as soon as they can. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z The peso’s power has become a talking point for the Mexican president, who credits his agenda of fiscal austerity and enhanced foreign trade. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z The appreciation of the peso and rising costs of funds also hit margins at its banking subsidiaries. Colombia's Grupo Aval cuts 2023 loan forecast after 'exorbitant costs' 2023-08-17T04:00:00Z Argentina is struggling with annual inflation over 100%, rising poverty and a rapidly depreciating currency, and Milei first attracted wider support by calling for the country to replace the peso with the U.S. dollar. Argentine peso plunges after rightist who admires Trump comes first in primary vote 2023-08-14T04:00:00Z Analyst Salvador Vitelli, however, said that despite the new measures a further devaluation was expected, even after the central bank pegged the official exchange rate at 350 pesos per dollar until the election. Argentines rush to dollar safety as election uncertainty looms 2023-08-16T04:00:00Z The pesos in their pockets shed their worth so quickly that no-one held on to them for long. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z Economists tend to agree that the peso’s current potency is a sign of a healthy economy. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z The official peso plunged nearly 18% on Monday morning to just over 350 pesos per dollar and the source said the exchange would be fixed at this rate until the October presidential vote. Argentina raises interest rate, devalues peso after shock primary election -official source 2023-08-14T04:00:00Z Milei wants to replace the peso with the dollar, and says that Argentina’s Central Bank should be abolished, and that he thinks that climate change is a lie. Argentine peso plunges after rightist who admires Trump comes first in primary vote 2023-08-14T04:00:00Z The 52-year-old has said that if elected, he would abolish Argentina's central bank, replace the peso with the US dollar and privatise state-run firms which are making a loss. Javier Milei: Trump admirer leads race for Argentina presidency 2023-08-14T04:00:00Z This pegged the peso's value at one-to-one with the dollar. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z The danger is that the peso overheats and deters foreign tourists from visiting or dampens Mexico’s booming export market, as goods as varied as oil, tequila and cars become more expensive. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z That could weaken the peso currency in popular parallel markets on Monday and weigh on bonds which have risen in recent weeks. Argentina markets face election hangover after far-right primary bombshell 2023-08-14T04:00:00Z Operators were watching nervously Monday as the value of the peso also decreased in the parallel, or blue, market, dropping 12% by early afternoon. Argentine peso plunges after rightist who admires Trump comes first in primary vote 2023-08-14T04:00:00Z His unexpectedly good performance in the primary - 10 percentage points above what opinion polls had predicted - could send the peso tumbling even further once markets open. Javier Milei: Trump admirer leads race for Argentina presidency 2023-08-14T04:00:00Z But this time, it was decreed that every peso issued would be backed by one dollar in the central bank's vaults. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z And, of course, the more the peso rises the bigger the reduction in buying power of the dollars that Mexicans in the United States send back to their families. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z The local currency, the Argentine peso, has seen its value plunge in parallel markets ahead of Sunday’s vote. Argentines to vote in a primary election that’s expected to set the stage for a rightward shift 2023-08-11T04:00:00Z The peso currency, controlled in official markets by tight capital controls, has in recent days hit record lows of over 600 to the dollar in parallel markets, more than twice the formal price. Argentina inflation likely sped back up ahead of primary vote, analysts say 2023-08-11T04:00:00Z That includes the plan to dollarize the economy, something most Argentines oppose despite rapid depreciation of the peso currency and high inflation. Argentine rock-singing libertarian shakes up presidential election race 2023-08-11T04:00:00Z The idea was that by telling people they could swap their pesos for dollars at any time, they would eventually decide that they had no need to. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z Morales anticipates that his dollars banked in the United States will someday buy pesos at a better rate, enabling him to finish the job. Mexico's peso is soaring. That's bad news for people who rely on dollars sent from the U.S. 2023-09-05T04:00:00Z The practice has become a common way for fans of clubs from elsewhere in South America to taunt home teams about the value of the Argentinian peso. Argentina cracks down on football fans who tear up money to taunt locals 2023-08-11T04:00:00Z The government will pitch in an initial 4 billion pesos for the airline, Sandoval added. Mexico launches military-run airline with $48 mln purchase of Mexicana brand 2023-08-10T04:00:00Z Yulo-Loyzaga told a news briefing that operators of the reclamation activities involving hundreds of hectares and potentially worth billions of pesos would be fully informed and treated fairly. Philippines suspends nearly 2 dozen Manila Bay reclamation projects 2023-08-10T04:00:00Z Their solution to the peso's credibility problem has been simply to make it harder to buy dollars. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z Both agree on cutting government spending to cut a deep fiscal deficit and removing controls known as the "cepo" on the peso currency to allow it to float freely. Argentine conservative leadership battle could be a proxy for presidency race 2023-08-10T04:00:00Z Fans caught tearing up a peso bill will face up to 30 days in prison. Argentina cracks down on football fans who tear up money to taunt locals 2023-08-11T04:00:00Z He asked how much they cost — 25 Mexican pesos each, or $1.50 — and whipped out his wallet. A Baseball Trip to Mexico City. But First, a Pilgrimage. 2023-08-09T04:00:00Z Inflation of 116% has hit savings and salaries, while dwindling hard cash reserves, a sky-high interest rate, a weak peso currency and tight capital controls have dampened the economy and jobs. Hard-hit Argentina workers ask saints, not politicians, for jobs 2023-08-07T04:00:00Z For the official rate, you need 287 pesos to buy a dollar, but you can only buy $200 a month and you have to pay punitive taxes on the transaction. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z Larreta, 57, meanwhile, has pledged to go through the budget "line by line, peso by peso" to trim unnecessary spending and balance the books in his first year in office. Argentine conservative leadership battle could be a proxy for presidency race 2023-08-10T04:00:00Z They limit cash transactions to 5000 pesos and will be implemented gradually over six months, official media said. Cuba bans company access to ATMs, limits cash transactions 2023-08-03T04:00:00Z The state officially pegs the local currency at 120 pesos to the dollar, but it has few to exchange. Cubans struggle as peso loses half its value in a year on informal market 2023-08-02T04:00:00Z The culprit is a sharp appreciation of the Mexican peso over the past year, a product of high interest rates and foreign investments in Mexico, among other factors. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z The proposed budget earmarks 70.5 trillion pesos for education, health, drinking water and other general purposes, and some 57.4 trillion pesos would fund the state pension system. Colombia proposes 502.6 trillion pesos 2024 budget 2023-07-29T04:00:00Z The peso, which has been on a recent tear, strengthened over 1.3% against the dollar in morning trading. Mexican peso hits 7-1/2 year high vs dollar 2023-07-28T04:00:00Z The government pegs the dollar at 24 pesos and for select companies, tourists and residents at 120 pesos, though it has few to exchange. Cuba bans company access to ATMs, limits cash transactions 2023-08-03T04:00:00Z Cuban economists said the peso's plunge reflects a deepening four-year-old crisis in the Communist-run country that has been driven by a lack of convertible foreign currency and falling production. Cubans struggle as peso loses half its value in a year on informal market 2023-08-02T04:00:00Z The value of the peso has climbed about 20 percent against the dollar since last fall, and is now the strongest it has been in about seven years. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z To sustain demand for Argentina's peso currency, the agreement calls for authorities to ensure that policy interest rates remain "sufficiently positive in real terms." IMF, Argentina reach staff deal on loan reviews to unlock $7.5 bln 2023-07-28T04:00:00Z In what is known as a carry trade, investors have borrowed cheaply in yen to fund bets in higher-yielding currencies like the dollar or the Mexican peso, making money on the difference. Analysis: Bank of Japan's opaque policy shift means stronger, wilder yen 2023-07-28T04:00:00Z The North American region saw volumes sink 5.6% after price increases, which, combined with the appreciation of the Mexican peso against the dollar, caused sales to drop nearly 13%, Becle said. Jose Cuervo distiller's profit drops slightly amid North America headwinds 2023-07-27T04:00:00Z A weak peso, the currency in which most Cubans are paid, undercuts the buying power of already paltry salaries that rarely top 5,000 pesos monthly, or $20 at the current exchange. Cubans struggle as peso loses half its value in a year on informal market 2023-08-02T04:00:00Z Several factors had to coincide to bring the peso up to its current perch, including rising interest rates and a boom in decisions by U.S. companies to move operations to Mexico. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z Cemex holds around three-fourths of its debt in U.S. dollars, and the greenback has depreciated some 13% against the peso so far this year. Mexico's Cemex profit climbs modestly on price hikes, strong peso 2023-07-27T04:00:00Z Mr. Lewis amassed a fortune from decades of currency trading, speculating on movements of the British pound — teaming up with George Soros in 1992 to mint huge profits — and the Mexican peso. Joe Lewis, Billionaire Owner of Tottenham Soccer Club, Charged with Insider Trading 2023-07-26T04:00:00Z James Athey, investment director at abrdn, said: "Things like the Mexican peso have been heavily positioned for quite some time, it's sort of felt like you're increasingly picking up pennies in front of a steamroller." Dollar slump, overcrowding complicate popular FX carry trade 2023-07-26T04:00:00Z The local cost of many goods imported in dollars also skyrockets as the peso plunges. Cubans struggle as peso loses half its value in a year on informal market 2023-08-02T04:00:00Z The peso’s value has soared in part because Mexico’s central bank started raising interest rates faster than the U.S. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z Earnings per share came in at 5 peso cents a share, missing the Refinitiv estimate of 25 peso cents per share. Mexico's Televisa posts big Q2 miss on Univision JV drop, satellite disconnections 2023-07-26T04:00:00Z The manuscript is a payment order signed by Cortés on April 27, 1527, authorizing the purchase of rose sugar for the pharmacy in exchange for 12 gold pesos. 500-year-old manuscript signed by Spanish conquistador Hernando Cortés returned to Mexico 2023-07-25T04:00:00Z "The world's favourite carry trade," according to Bank of America, involves investors borrowing Japanese yen where the central bank has pinned rates low, and converting them to Mexican peso to buy much higher-yielding bonds. Dollar slump, overcrowding complicate popular FX carry trade 2023-07-26T04:00:00Z Experts estimate 40% of Cuba's 11 million people rely entirely on pesos and have no access to dollars. Cubans struggle as peso loses half its value in a year on informal market 2023-08-02T04:00:00Z The rally in the peso is also due to trade policy. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z The three factors caused the share of income from the joint venture to show a fall by 4.19 billion pesos, Televisa said. Mexico's Televisa posts big Q2 miss on Univision JV drop, satellite disconnections 2023-07-26T04:00:00Z The firm's U.S. and Canada region saw sales dip almost 2% in pesos, though they rose almost 12% in U.S. dollars. Mexican breadmaker Bimbo profit slips 30% after year-ago pension bump 2023-07-25T04:00:00Z A hypothetical $50,000 invested in a short yen, long peso carry trade for the first six months of the year would have yielded a profit of $15,100, according to Refinitiv Eikon. Dollar slump, overcrowding complicate popular FX carry trade 2023-07-26T04:00:00Z The weakening informal rate was similar to a fall in the government’s electronic equivalent, which residents must use to purchase goods at state stores that are relatively well-stocked compared with peso outlets. Cubans struggle as peso loses half its value in a year on informal market 2023-08-02T04:00:00Z The peso is also rebounding from a particularly low point. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z As part of that tricky balancing act, it announced this week a raft of new and weaker trade-related exchange rates, while keeping the peso's official rate stable. Analysis: Argentine IMF concessions risk further fueling red hot inflation 2023-07-25T04:00:00Z The short-term rentals trend has pushed up local house prices and made it harder to find homes available for rent in pesos. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z The government has been keeping access to foreign currency restricted to prevent further draining of central bank reserves, and Rossi said that a further devaluation of the peso would only cause more difficulties. Argentina's cabinet chief says harvest should bring economic relief 2023-07-21T04:00:00Z Revenue for the group, which owns one of the country's largest banks and pension funds, totaled 33.06 billion pesos in the quarter, up 19% from a year earlier. Mexico's Banorte posts profit boost on insurance, trading units 2023-07-21T04:00:00Z At the peso’s weakest point in recent years, in April 2020, the exchange rate was about 25 for one dollar. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z With its economy faltering, Argentina’s peso has plunged against the U.S. dollar and its annual inflation is 115.6%, one of the highest rates in the world. Bargain-hunting Uruguayans are flocking to Argentina as its peso slides. Back home, shops struggle 2023-07-14T04:00:00Z Buenos Aires now has 1,200 homes available for rent in pesos, according to a registry maintained by the Argentine real estate chamber, down from about 8,000 in 2020. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z Treasury yields eased in recent days, dulling the dollar's allure while boosting a wide range of other currencies, from the Japanese yen to the Mexican peso. Analysis: Tumbling US dollar a boon to risk assets across the globe 2023-07-14T04:00:00Z The country is seeking adjustments as rising inflation, a weakening peso and a historic drought hamper exports and financial reserves. Argentines tighten wallets to fight spiraling inflation 2023-07-13T04:00:00Z Now that the peso is stronger, analysts expect that remittances will moderate. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z The price gap reflects the devaluation of the Argentine peso, which has lost 47% of its value against the U.S. dollar at the official rate so far this year. Bargain-hunting Uruguayans are flocking to Argentina as its peso slides. Back home, shops struggle 2023-07-14T04:00:00Z Deposits to a local bank account are converted from dollars to pesos at the official exchange rate. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z Argentina is battling inflation of over 100% and a weak peso currency, that has shed around a quarter of its value against the dollar this year despite strict capital controls that slow its fall. Argentina's economic woes spark 'supermarket tourism' from neighbors 2023-07-13T04:00:00Z "He built 47 miles of wall and guess what—we paid for every nickel of it, we don't have the first peso from Mexico." Trump rages on Truth Social at Chris Christie for mocking his "border wall" on Fox News 2023-07-12T04:00:00Z A stronger peso could hurt Mexican exports, which play a big role in the U.S. automotive industry and U.S. agriculture. The Peso Is Strong and a Problem for Mexicans Working Abroad 2023-07-31T04:00:00Z In an effort to sustain the economy, the central bank hasn’t stopped printing pesos — which has led to the devaluing of the peso. Bargain-hunting Uruguayans are flocking to Argentina as its peso slides. Back home, shops struggle 2023-07-14T04:00:00Z He said property owners paid in dollars can earn double the rent of a long-term contract in pesos, because short-term renters with access to hard currency have more purchasing power. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z The decrease in revenue came as the Mexican peso strengthened against other currencies in markets where America Movil operates, the company said. Mexico's America Movil Q2 net profit climbs, beating estimates 2023-07-11T04:00:00Z Such trades are placed by selling yen for dollars and then dollars for emerging-market currencies such as the peso or the real, so reversing them requires selling dollars for yen. Morning Bid: As yields and the yen go, so goes the dollar 2023-07-11T04:00:00Z Every investor and their mum has borrowed cheaply in yen to invest in high yielders, with the Mexican peso likely the most crowded of all the trades. Morning Bid: China disinflation a mix of good and bad 2023-07-10T04:00:00Z The increase in the flow of pesos also led to ballooning inflation that Argentinians are experiencing every day. Bargain-hunting Uruguayans are flocking to Argentina as its peso slides. Back home, shops struggle 2023-07-14T04:00:00Z "It seems impossible to me to buy an apartment earning in pesos, or renting a place if the prices is in dollars," he said. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z One of the most popular carry trades has been short yen and long Mexican peso , and the shake out saw the peso dive 1.8% on the yen on Friday. Asia in wary mood for US inflation, earnings tests 2023-07-10T04:00:00Z Sky-high inflation has hammered Argentina's slumping economy, as the ranks of the poor swell and the peso currency steadily weakens. Argentina inflation seen at 142% this year, down from previous poll 2023-07-07T04:00:00Z It was notable late last week that Mexican bonds suddenly sold off and the peso slid 2.6% on the yen over two sessions - although that follows months of gains. Morning Bid: China disinflation a mix of good and bad 2023-07-10T04:00:00Z Cattle ranchers reported hundreds of deaths and millions of pesos in losses as their animals collapsed from heat exhaustion, unable to hydrate properly. What 120 Degrees Looks Like in One of Mexico’s Hottest Cities 2023-07-06T04:00:00Z In a chat group for Argentine landlords reviewed by Reuters, hosts discussed the best ways to get paid on Airbnb and to exchange the funds back into pesos without being detected. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z Net-total carry trading returns were topped by the Colombian and Mexican pesos respectively, according to Refinitiv's currency performance and value tracker in the last six months. EMFX will hold gains into 2024 provided central banks hold rates: Reuters poll 2023-07-06T04:00:00Z With a stronger local currency, recipients of funds from abroad receive fewer pesos when they sell the dollars they were sent. Remittances to Mexico hit record, but strong peso softens impact 2023-07-03T04:00:00Z Such trades are usually done by selling yen for dollars and dollars for pesos, or whatever the target currency is, so when the positions are reversed it leads to selling of dollars for yen. Morning Bid: China disinflation a mix of good and bad 2023-07-10T04:00:00Z Meanwhile currencies in Brazil , Hungary and Mexico are at or near double digit gains to the greenback, with Colombia's peso the top performer with a 16% gain. Emerging markets carry investor hopes for H2 on lower inflation, rates 2023-06-30T04:00:00Z Gustavo who rents out an apartment for $1,500 a month for temporary stays via a local real estate broker said he accepted pesos, but at the black market rate. Insight: Some Airbnb hosts try to beat Argentina's inflation with dollar rates and tax avoidance 2023-07-25T04:00:00Z The issuance will take place on July 6, part of a five-year overall 130 billion peso debt program, according to the company. America Movil announces foreign debt offering of up to 20 bln pesos 2023-06-26T04:00:00Z The peso, leashed by currency controls, is depreciating steadily with a flourishing black market for dollars at a much higher price. Argentina's election line-up twist a boost for markets, adds spice to IMF talks 2023-06-26T04:00:00Z Peñalver also mentioned the expansion of MIR cards, a payment system in Russia that allows Russian tourists to make cash withdrawals and convert rubles to Cuban pesos. Cuban officials’ Russia trip concludes with renewed alliance, agreements on oil, wheat, tourism 2023-06-21T04:00:00Z Argentina’s financial crisis, with inflation now at more than 114 percent, has a surprising side effect: a flourishing dining scene in Buenos Aires, as residents rush to spend pesos before they lose more value. Your Tuesday Briefing 2023-06-20T04:00:00Z Inflation in Argentina has passed 100 percent and the street value of the peso has crumbled, dropping about 25 percent over just a three-week period in April. Your Tuesday Briefing: Xi and Blinken Meet 2023-06-19T04:00:00Z People are rushing to spend pesos before they lose more value. The Racial Wage Gap Is Shrinking 2023-06-19T04:00:00Z “You have extra pesos that are going up in smoke because of inflation, and you have to do something because you know the worst thing you can do is nothing.” In Argentina, Inflation Passes 100% (and the Restaurants Are Packed) 2023-06-19T04:00:00Z Argentina is battling soaring inflation likely to end the year near 150%, sapping people's spending power, pummeling the peso currency and pulling the rug out from under the ruling Peronist coalition ahead of October elections. Argentina inflation seen speeding up in May, bucking regional trend 2023-06-12T04:00:00Z Alvarez, whose appointment was the next day, said he refused to pay and was eventually released, but five Russians who were held with him paid a total of 5,000 pesos, about $290. U.S. halts online asylum appointments at Texas crossing after extortion warnings 2023-06-12T04:00:00Z Middle- and upper- class people are eating out to get rid of their pesos quickly, before they lose more value. Your Tuesday Briefing: Xi and Blinken Meet 2023-06-19T04:00:00Z Lopez Obrador has repeatedly talked up his stewardship of the economy, the rise in Mexico's main stock index, his aversion to contracting debt and the strengthening of the peso currency on his watch. Analysis: Mexican president ramps up rhetoric, economic intervention as election nears 2023-05-24T04:00:00Z Inflation is at more than 114 percent — the fourth highest rate in the world — and the street value of the Argentine peso has crumbled, dropping about 25 percent over a three-week period in April. In Argentina, Inflation Passes 100% (and the Restaurants Are Packed) 2023-06-19T04:00:00Z The two countries activated the usable portion in January to help bolster Argentina's embattled peso. Argentina in talks to expand China currency swap line, source says 2023-05-24T04:00:00Z The Venezuelan woman said Mexican officials took their documents and demanded they pay 1,500 pesos, or $86, to get them back. U.S. halts online asylum appointments at Texas crossing after extortion warnings 2023-06-12T04:00:00Z Stringent capital controls mean that access to the official foreign exchange market is extremely limited, and the peso is worth far less in parallel markets. Argentina introduces larger bank note amid galloping inflation 2023-05-22T04:00:00Z Critics of the current government blame it for money printing to fund state spending, which they say stokes inflation and weakens the peso. Argentina president, protesters slam IMF debt, austerity as economy creaks 2023-05-18T04:00:00Z Yet it is the peso’s downfall that is fueling the restaurant industry’s upswing. In Argentina, Inflation Passes 100% (and the Restaurants Are Packed) 2023-06-19T04:00:00Z With the peso so volatile, she tries to exchange anything left over from her bulk buys for dollars. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z The Philippine peso on Monday slipped to its lowest against the dollar in almost a month. ASIA Slump or recovery in China? 2023-05-15T04:00:00Z Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and simmering market fears of a sharp-shock devaluation. EU's Gabriel gets mandate to form Bulgaria's new cabinet 2023-05-15T04:00:00Z Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and simmering market fears of a sharp-shock devaluation. Recovering from Gaza fighting, Palestinians mark 1948 Nakba 2023-05-15T04:00:00Z Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and simmering market fears of a sharp-shock devaluation. Putin touts cooperation with ex-Soviet states in Security Council meeting 2023-05-15T04:00:00Z In fact, the dollar has been gaining in value against the peso rapidly. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and simmering market fears of a sharp-shock devaluation. Holy cow! Endangered seal draws dozens to Jaffa shore 2023-05-15T04:00:00Z Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and simmering market fears of a sharp-shock devaluation. Belarus opposition told to 'be ready' for democracy push as rumours of leader's ill health swirl 2023-05-15T04:00:00Z Argentina is currently battling an economic crisis, with growing poverty fueled by an annual inflation rate over 100% and a weak peso. Argentina's ruling Peronist party wins provincial elections 2023-05-15T04:00:00Z It also faces tumbling confidence in the peso and dwindling foreign currency reserves that are threatening the government's finances. Argentina plans new rate hike, more FX intervention as inflation soars 2023-05-14T04:00:00Z Even though the peso is Argentina's national currency, many Argentines like Noira have little faith in it and prefer to convert any spare pesos into dollars. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z He and other Venezuelans here have paid 50 pesos a night, about $2.50, to sleep on the floor of an abandoned building. She helped other migrants seek asylum ahead of Title 42's end. Now it's her turn 2023-05-14T04:00:00Z Latin America's main currencies have strengthened sharply in recent months, like Mexico's peso, which hit a five-year high this week. Rising sol: Peru's currency at year-high after shaking off protest impact 2023-05-11T04:00:00Z In Mexico, its image graces the 50 peso note. Mexico's ‘salamander of the gods’ edges toward extinction 2023-05-08T04:00:00Z The lira and peso have been plunging and are at record lows. Cryptoverse: Digital coins lure inflation-weary Argentines and Turks 2023-05-02T04:00:00Z Business student Jorge, 23, not only has more faith in the stability of the dollar than the peso, he also has little trust in Argentina's banks and therefore prefers to keep his dollars at home. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z The company also said it would be launching a share buy-back program of up to 2 billion pesos. Mexico's Jose Cuervo changes 2023 sales guidance after Q1 results 2023-04-28T04:00:00Z A higher interest rate offers more incentives to savers to keep their funds in pesos, strengthening the local currency, but weighs on borrowing and economic growth. Argentina plans huge rate hike to 91% to stem peso slide, inflation -source 2023-04-27T04:00:00Z The 29-year-old mother of two said she found one prospect Tuesday morning at about 20,000 pesos, but noted with exasperation that the price went up by afternoon to more than 30,000. Argentina: A desperate search for a door as currency tumbles 2023-04-26T04:00:00Z The reshuffle prompted a fall in the peso, stock market and domestic Treasury bonds, but analysts said an end to the coalition may mean less radical reforms and more stability for businesses. Colombia's Petro surprises with new finance minister in Cabinet reshuffle 2023-04-26T04:00:00Z But he reckons it is an investment worth making, because he thinks the dollar will hold its value, unlike the peso. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z The central banker added that despite some volatility the peso currency has shown "notable resiliency" due to the country's solid macroeconomic fundamentals. Bank of Mexico likely to consider holding key interest rate steady 2023-04-26T04:00:00Z The peso currency is also quickly losing value against the dollar. Argentina plans huge rate hike to 91% to stem peso slide, inflation -source 2023-04-27T04:00:00Z Although everyone seemingly agrees the official peso is overvalued, the government appears unwilling to pay the political price of an official devaluation so close to an election. Argentina: A desperate search for a door as currency tumbles 2023-04-26T04:00:00Z The peso hit 495 on Tuesday in informal markets that have flourished as the official foreign exchange market is under tight controls. Argentina vows to battle black market peso slide towards 500 per dollar 2023-04-25T04:00:00Z But with the blue dollar to peso rate so high, many Argentines' income does not stretch to purchasing the US currency, even if they do see it as a safer option. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z "Things were always maybe 10 pesos more, but now it's 100 pesos more. ... When you make the monthly shopping trip, it's so much. The difference is huge." 'Zero capacity to save': Argentines buckle under 103% inflation 2023-04-14T04:00:00Z Argentina is battling poverty near 40% and a wobbly peso currency. Argentina cenbank mulls another rate hike to tame 100% inflation - adviser, analysts 2023-04-12T04:00:00Z The peso strengthened slightly Wednesday although the market remained “very volatile,” according to a currency dealer in Buenos Aires who declined to be identified because his work is technically illegal. Argentina: A desperate search for a door as currency tumbles 2023-04-26T04:00:00Z That is down from 400 pesos per dollar just over a week ago and compares to the official spot rate of around 221. Argentina vows to battle black market peso slide towards 500 per dollar 2023-04-25T04:00:00Z But with inflation on the rise, what she gets for her pesos is less every month. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z On one Friday night, Arrazcaeta, family and friends splay out offerings of coconut and red Cuban pesos emblazoned with the face of Che Guevara, sacrificing two chickens over bowls filled with rocks and seashells. Cubans seek solutions and solace in Santería amid crises 2023-04-09T04:00:00Z Silva gets a government pension of around 45,000 pesos, which is equivalent to about $213 at the official exchange rate and about half of that on the black market. Buenos Aires airport turns into unofficial homeless shelter 2023-04-07T04:00:00Z As the peso depreciated, many stores simply closed. Argentina: A desperate search for a door as currency tumbles 2023-04-26T04:00:00Z Argentinians are battling through a painful economic crisis with annual inflation at 102.5% and expected to climb further, strict capital controls warping the peso's value, and tumbling foreign currency reserves raising fears about future defaults. Metal worker, soccer coach, honey salesman: three jobs to beat Argentina's 100% inflation 2023-03-30T04:00:00Z Saving pesos when inflation is this high means your savings will devalue quickly. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z In a surprise move in December 1994, Mexico devalued its currency, the peso, after the country's current account deficit grew and its international reserves declined. Factbox: The biggest financial crises of the last four decades 2023-03-25T04:00:00Z The rising pressure on the currency has seen dollars trade at 400 pesos per dollar in parallel markets, compared to 205 pesos at the official rate. Argentina drought saps dollar reserves, pressuring FX crawling peg 2023-03-22T04:00:00Z Analysts agree the rapid depreciation of the peso is in part due to the surprisingly high monthly inflation of 7.7% in March, which took the annual rate to a whopping 104%. Argentina: A desperate search for a door as currency tumbles 2023-04-26T04:00:00Z He says the officers who arrested him said they could prevent his removal — for 15,000 Dominican pesos. Dominican Republic sending children, pregnant migrants back to Haiti 2023-03-16T04:00:00Z But as the rate of interest is lower than the rate of inflation, your pesos will be worth less than they were a year ago. Record inflation: Five ways Argentines try to cope 2023-05-16T04:00:00Z "I hope to reach a trillion pesos in recovered resources," Rodriguez told Reuters in an interview, adding that sum represents "a minimal part" of what is stolen. Colombia's comptroller eyes recovery of $209 mln in stolen funds 2023-03-07T05:00:00Z Mexico's peso, closely linked to the prospects of the U.S. dollar, and the Turkish lira, are the only two emerging market currencies covered by the poll expected to weaken. China's reopening set to help EMFX get back on track: Reuters poll 2023-03-03T05:00:00Z The controls create a disincentive for farmers to export since revenues in dollars have to be converted back to the local peso currency at the lower official rate. Argentine farmers protest tax, currency policies as drought weighs 2023-02-28T05:00:00Z This is compared to a net profit of 3.7 billion pesos in the year earlier period. Mexico's Televisa posts Q4 net loss of 13.75 bln pesos 2023-02-23T05:00:00Z Company revenue totaled 109 billion pesos, a 15% jump from the year before, aided by a favorable price mix and higher sales volumes, the filing said. Mexico's Grupo Bimbo's Q4 net profit skyrockets as sales grow 2023-02-22T05:00:00Z Rodriguez's office has identified 1,721 projects, so-called "white elephants" that are unfinished or in the process of being abandoned, and which are worth some 14 trillion pesos, he said. Colombia's comptroller eyes recovery of $209 mln in stolen funds 2023-03-07T05:00:00Z Revenue for the company stood at 237.82 billion pesos for the quarter. Walmart's Mexico unit posts nearly 12% jump in Q4 net profit 2023-02-15T05:00:00Z The company, which is controlled by the family of Mexican billionaire Carlos Slim, posted a 2.4% decrease in revenues, partly driven by the appreciation of the Mexican peso versus other Latin American currencies. Mexico's America Movil Q4 net profit tumbles 90% 2023-02-14T05:00:00Z Its financial situation has been aggravated by the rise in fuel prices last year and the devaluation of the Colombian peso. Colombian airline Viva Air weighs local restructuring process 2023-02-11T05:00:00Z In Tijuana, a dozen eggs are priced at about 44.90 pesos, or $2.30, according to Mexico’s consumer protection agency, which monitors the prices of essential food and cleaning products. Eggs are so expensive, Californians are trying to bring them across the border from Mexico 2023-02-09T05:00:00Z Local resident Felix Garcia, 60, retired from the military and disabled with epilepsy, said he and his wife live off 1,500 pesos a month, approximately $12.50 at the official exchange rate. A Cuban fishing village ponders its options as U.S. policy shifts 2023-02-08T05:00:00Z Then patients from foreign countries began to fly to Argentina to buy the drugs, which can cost as little as $18,000 per year using pesos exchanged on the black market. ‘Miracle’ Cystic Fibrosis Drug Kept Out of Reach in Developing Countries 2023-02-07T05:00:00Z Since then, the peso has lost so much of its value that one local artist uses banknotes for painting on, because they are cheaper than a canvas. Argentina unveils new 2,000-peso banknote as inflation bites 2023-02-02T05:00:00Z "The 2,000 peso denomination will be integrated into the current peso series," the central bank said in a statement. Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5 2023-02-02T05:00:00Z Pharmacies such as these accept payment in most any format — credit card, pesos or dollars. Some pharmacies in Mexico passing off fentanyl, meth as legitimate pharmaceuticals 2023-02-02T05:00:00Z However, a government stipend of 7,200 pesos was not enough to sustain Lopez without the income brought in by fishing, especially in light of bad seasons for crab and shrimp. Mexican fisherman decapitated by great white in first fatal shark attack of 2023 2023-01-27T05:00:00Z A ride costs just 5 pesos — around 25 cents — and is heavily subsidized by the government. Crashes on Mexico City’s neglected subway kill dozens. The mayor’s answer? Send in troops 2023-01-26T05:00:00Z Speaking in Buenos Aires on Monday afternoon, Brazil’s Finance Minister Fernando Haddad clarified that the proposal would not entail the adoption of a sole currency to replace the Brazilian real and the Argentine peso. Proposed Brazil-Argentina common currency is met with doubts 2023-01-23T05:00:00Z The largest current bill, the 1,000 peso note, is worth just $2.70 on the alternative markets most people use to exchange currency, including through formal money exchange firms. Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5 2023-02-02T05:00:00Z Argentina's peso, on the other hand, has slumped despite strict currency controls. A South American currency union? Don't hold your breath 2023-01-23T05:00:00Z Under the plan, the Brazilian real and Argentine peso would continue to exist, with the new tender targeted narrowly at trade. Explainer: What Brazil and Argentina's 'currency union' really means 2023-01-23T05:00:00Z Its peso is up 7% since early December as copper prices have jumped to hit $9,000 this week for the first time since June. Analysis: China's rapid reopening brings joy and woe for world markets 2023-01-13T05:00:00Z The nation has one of the world’s highest inflation rates — 95% in 2022 — and its peso has been steadily depreciating for over a decade. Proposed Brazil-Argentina common currency is met with doubts 2023-01-23T05:00:00Z While most other Latin American currencies also fell, underperforming broader emerging market peers, Chile's peso rose 0.8% as copper prices hit six-month highs. Brazil markets fall as Bolsonaro supporters storm capital 2023-01-09T05:00:00Z To occupy them for a few minutes, she used the few pesos someone had just handed her to buy popsicles. As Biden prepares to visit southern border, a humanitarian crisis looms in Mexico 2023-01-07T05:00:00Z He says he weaves the themes of inflation and the peso's depreciation into his works, which also feature the U.S. one-dollar bill. Argentine artist paints on inflation-hit bank notes 2023-01-03T05:00:00Z But the peso's impressive run may be ending as markets expect the large capital flows to Mexico in recent months, attracted by the Bank of Mexico's restrictive monetary policy stance, could soon start to slow. Analysis: Is the party over? Mexico's peso could lose solid gains in 2023 2022-12-29T05:00:00Z As such, this currency may meet a fate similar to the peso real and the gaucho. Proposed Brazil-Argentina common currency is met with doubts 2023-01-23T05:00:00Z Other carry trades at risk include the Brazilian real, South African rand and Mexican peso, and exiting from those illiquid currencies will likely include a leg of selling the U.S. dollar for the yen. Morning Bid: Questions after the storm 2022-12-21T05:00:00Z The day’s second attempt to earn 100 pesos began. To live and die in Tijuana, Mexico’s new fentanyl capital "Without a stabilization plan carried out by a credible government, where a solution is given to the debt in pesos and the fiscal deficit is reduced, inflation will remain high." Argentina inflation hits nine-month low; interest rate held steady 2022-12-15T05:00:00Z Concerns about a U.S. recession and a trade spat Mexico is embroiled in with the United States and Canada over Lopez Obrador's energy policy, which critics call nationalist, muddy the outlook for the peso. Analysis: Is the party over? Mexico's peso could lose solid gains in 2023 2022-12-29T05:00:00Z Elsewhere, sentiment on China's yuan was mostly neutral, while investors turned bullish on the Philippine peso for the first time since July 2021. Asian FX bulls return as easing China COVID curbs improves outlook 2022-12-15T05:00:00Z In some cases, tickets for Friday’s performance sold for thousands of pesos, while resold tickets reportedly went for tens of thousands, according to the Associated Press. Ticketmaster apologizes for fake-ticket fiasco at Bad Bunny show in Mexico 2022-12-11T05:00:00Z Then a man bought a black tank top for 20 pesos. To live and die in Tijuana, Mexico’s new fentanyl capital The firm's shares, which typically have low trading volume, were up slightly to 18.50 pesos on Friday afternoon. Mexico's Monex launches share buyback in move toward market exit 2022-12-09T05:00:00Z Traders at the Chicago Mercantile Exchange, considered a bellwether of market sentiment, have started to bet the peso will begin depreciating. Analysis: Is the party over? Mexico's peso could lose solid gains in 2023 2022-12-29T05:00:00Z For workers along the U.S.-Mexico border, wages will rise to 312 pesos a day from 260 pesos a day. Mexico to hike minimum wage by 20% in 2023, raising inflation worries 2022-12-02T05:00:00Z Short bets on Indonesia's rupiah remained firm while those on the Philippines peso were scaled back to their lowest since Feb. 24. Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening 2022-12-01T05:00:00Z A woman came up and purchased two bags of granola for 20 pesos each. To live and die in Tijuana, Mexico’s new fentanyl capital Bustling WhatsApp groups discuss the informal exchange rate, which provides more pesos per dollar or euro than the official bank rate. Cuba’s informal market finds new space on growing internet 2022-11-27T05:00:00Z Viva faces a complex financial situation after the pandemic slowed travel, worsened this year by rising fuel prices and a weaker peso currency. Loss of Viva would have negative impact on Colombia's airline industry -Avianca 2022-11-24T05:00:00Z A manuscript that remains in the collection has a record showing that 12 pesos were used to buy “pink sugar” for the navy’s pharmacy in connection with an expedition. A Stolen 1527 Record Signed by Cortés Will Be Returned to Mexico 2022-11-23T05:00:00Z The judiciary is investigating whether her organization embezzled some of the hundreds of millions of Argentine pesos donated by the Kirchners to build social housing for the poor. Hebe de Bonafini, 93, Who Rallied Mothers of ‘the Disappeared,’ Dies 2022-11-22T05:00:00Z He had to find a way to make another 100 pesos. To live and die in Tijuana, Mexico’s new fentanyl capital Many products are sold in pesos, but higher-priced items are often listed in dollars, with payments either handled in cash or through bank transfers outside the country. Cuba’s informal market finds new space on growing internet 2022-11-27T05:00:00Z "With the amount of pesos the central bank and government have, they may conclude that they have no choice but to limit access," Moody's analyst Gabriel Torres said in a webinar. Argentina cenbank debt poses 'systemic risk' to financial sector, Moody's says 2022-11-16T05:00:00Z Yet despite a succession of interest rate rises, the peso is one of the worst-performing emerging Asian currencies. Philippine central bank to raise rates by 75 bps- Reuters poll 2022-11-15T05:00:00Z Irizarry parlayed his knowledge of the black-market peso exchange into a life of luxury that prosecutors say was bankrolled by $9 million he and his Colombian co-conspirators diverted from money laundering investigations. DEA’s most corrupt agent: Parties, sex amid ‘unwinnable war’ 2022-11-14T05:00:00Z His best chance at earning the 100 pesos, he thought, was a Victoria’s Secret pouch he had found with some skin-care products. To live and die in Tijuana, Mexico’s new fentanyl capital "This conversion operation seeks to extend the maturities of the Treasury's peso debt profile," the ministry said in the statement. Argentina plans $9.4 bln local debt swap to ease year-end payment crunch 2022-11-08T05:00:00Z Heineken announced in June it would build a 1.8 billion peso can manufacturing plant in the northern Mexican state of Chihuahua, near its Mequoi brewery, set to be its seventh plant in the country. Mexican craft beer to gain ground despite soaring costs, says trade group 2022-10-22T04:00:00Z It wants to avoid a sharp devaluation, though the peso has slowly but surely lost some 50% against the dollar this year anyway. In Argentina, controls spawn soybean and 'Netflix' currency rates 2022-10-19T04:00:00Z The agriculture sector, which Petro wants to expand as part of a move away from oil and mining development, will see a 62.6% increase in funding, taking its coffers to 4.08 trillion pesos. Colombia congress approves 2023 budget bill, increasing funding for social programs 2022-10-19T04:00:00Z A few years earlier, a plunging peso delivered similar pain to Mexican businesses and consumers. ‘Bad situation’: Soaring U.S. dollar spreads pain worldwide 2022-10-17T04:00:00Z In Argentina, the dollar is worth 88% more in Argentine pesos in alternative financial markets than under the official rate, which is used to pay for imports. Argentina to tighten import controls to preserve dollars-sources 2022-10-08T04:00:00Z Short bets on the Philippine peso , Malaysian ringgit , Thai baht , Indonesian rupiah and Indian rupee inched higher from their already strong positions, signifying a growing weak sentiment, the fortnightly poll of 12 analysts showed. Bears fortify bets on Asian FX on resilient dollar, growth fears 2022-10-06T04:00:00Z It created a temporary "soy" dollar in September to boost soy exports by giving producers more pesos for their dollar-based sales. In Argentina, controls spawn soybean and 'Netflix' currency rates 2022-10-19T04:00:00Z The 405.6 trillion peso figure for the bill - the highest budget in the country's history - was approved last month. Colombia congress approves 2023 budget bill, increasing funding for social programs 2022-10-19T04:00:00Z Then in 1982, the bottom fell out of the economy — the peso crumbled and the economy shrank by 16 percent in two years. What Does Sustainable Living Look Like? Maybe Like Uruguay 2022-10-05T04:00:00Z Throughout Asia, from the Vietnamese dong to the Philippine peso, currencies are tumbling to record lows, the type of widespread currency weakness not seen since the 1997 financial crisis. Businesses Brace for Currency Chaos in Asia, a Region With a History of Crisis 2022-10-04T04:00:00Z That milestone led the central bank to launch a plan to sell $20 billion in dollars and FX hedging instruments, backed up by a $5 billion currency swap and peso liquidity program. Analysis: Chile's sliding peso reflects tough battle vs rampaging dollar 2022-10-03T04:00:00Z Mining companies will pay 14.7 trillion pesos in taxes, royalties and high price duties this year, he said, a figure that could rise to 25 trillion pesos next year. Revised Colombia tax bill still puts mining investment at risk -industry group 2022-09-27T04:00:00Z Globe has so far sold a total of 7,059 towers, raising 91 billion pesos as it unloads passive assets. Philippines' Globe sells telecoms towers for $340 mln 2022-09-27T04:00:00Z The reform may not raise 25 trillion pesos in additional income next year, Ocampo said, though he did not give more details. Colombia gov't agrees to ease tax changes to oil, mining 2022-09-27T04:00:00Z The Chilean peso has been pressured like many other currencies by the dollar strength, breaching the 1,000 pesos per dollar mark for the first time last July. Chile to issue $12 bln in debt in 2023 2022-09-22T04:00:00Z Completing the 600-sticker album could cost an estimated 20,000 pesos, a steep amount in a country facing deep inflation and a serious economic crisis. In land of Maradona and Messi, fans jostle for World Cup stickers 2022-09-20T04:00:00Z With the dollar up sharply so far this year against everything from the Argentine peso to the Egyptian pound to the South Korean won, the dollar is going further in many countries than before. EXPLAINER: How the strong U.S. dollar can affect everyone 2022-09-18T04:00:00Z As their local currencies lose value against the dollar, it takes more Turkish lira or Argentine pesos to make debt payments. Global economy weakening amid inflation fight, war and lingering pandemic 2022-09-17T04:00:00Z The company has announced investments in Mexico of about 15 billion pesos in recent months to expand plants in the states of Queretaro and Aguascalientes, and a new production site in Nuevo Leon. Bosch to build $215 million plant in central Mexico 2022-09-14T04:00:00Z "There's obviously a lot of advantages if you can earn in dollars and spend in pesos," said Ayling, originally from San Diego, California. Boon or threat? Mexico City wrestles with influx of remote U.S. workers 2022-09-13T04:00:00Z Poll participants also expected the average official exchange rate in Argentina in December to reach 170.11 pesos per U.S. dollar, though Argentine traders have increasingly turned to black market foreign exchange. Argentina's inflation rate expected to hit 95% this year 2022-09-09T04:00:00Z The government unveiled a preferential exchange rate for soy exporters on Sunday of 200 pesos per dollar versus the official rate of around 140 pesos. With carrot and stick, Argentina government drives soy sale bonanza 2022-09-09T04:00:00Z The Indian rupee and nd Philippine peso both recently slipped to their lowest-ever levels against the dollar. Bearish bets on Asian FX hit record highs as dollar rallies further 2022-09-08T04:00:00Z The peso has gained more than 2% against the dollar this year, while the real is up more than 6% against the greenback. Poll-Brazil's currency seen trading in tight range ahead of election 2022-09-07T04:00:00Z This has put pressure on EM currencies, driving India's rupee and Philippine's peso to record lows. Worst not over for EM currencies as U.S. dollar thunders on: Reuters poll 2022-09-07T04:00:00Z Buenrostro added that the airline could reduce that total by 19 billion pesos if it presents certain tax documentation. Mexico says bankrupt airline Interjet owes $1.5 bln in tax 2022-09-07T04:00:00Z She scraped together some pesos to buy a volleyball. Prep girls' volleyball notebook: Chatsworth's Geraldine Martinez is back on the grid 2022-08-28T04:00:00Z At the start of 2021, Cuba eliminated a longstanding dual currency system, dropping a special type of convertible peso supposedly aimed largely at tourism and foreigners and changing all operations into local currency. Cuban government starts selling dollars — with limits 2022-08-23T04:00:00Z “If you keep a peso for too long, it melts in terms of how much you can buy with it.” Crypto Is Tumbling, but in Argentina It’s Still a Safer Bet 2022-08-20T04:00:00Z We could say the number of pesos is proportional to the number of dollars. Elementary Algebra 2020-04-22T00:00:00Z But so long as farmers dread further deterioration of the peso, getting them to part ways with their stored supplies is a tough sell. Analysis: As economy wilts, Argentina's Massa seeks to sow hope with farm chiefs 2022-08-16T04:00:00Z Price pressures are widely expected to remain elevated in the coming months and a weaker peso, which has already fallen 9% this year, has further worsened the outlook through imported inflation. Philippines central bank to hike by 50 bps on Thursday, catching up with peers: Reuters poll 2022-08-16T04:00:00Z The official rate used by government industries and agencies that dominate the economy remains 24 pesos to the dollar. Cuban government starts selling dollars — with limits 2022-08-23T04:00:00Z Because so few Argentines trust the peso, they prefer to save in other currencies, including dollars. Crypto Is Tumbling, but in Argentina It’s Still a Safer Bet 2022-08-20T04:00:00Z Todd is traveling to Mexico and needs to exchange $450 into Mexican pesos. Elementary Algebra 2020-04-22T00:00:00Z "But people are running away from the peso." Analysis: As economy wilts, Argentina's Massa seeks to sow hope with farm chiefs 2022-08-16T04:00:00Z The company added that its power utility Celsia registered an advance in the construction of solar farms, with 17 new plants totaling 260 MW of capacity and investments of 1 billion pesos. Colombia's Grupo Argos posts 8% rise in Q2 net profit 2022-08-12T04:00:00Z Growing shortages led to increasing prices for goods bought from private sellers and to a street-level devaluation of the peso, making dollars and other hard currency sent or brought in from abroad more valuable. Cuban government starts selling dollars — with limits 2022-08-23T04:00:00Z With inflation expected to reach 90 percent by December, the peso’s worth keeps tumbling, pushing up prices of everyday products, from toilet paper to tuna fish, and making it virtually impossible to save. Crypto Is Tumbling, but in Argentina It’s Still a Safer Bet 2022-08-20T04:00:00Z If each dollar is worth 12.29 pesos, how many pesos will he get for his trip? Elementary Algebra 2020-04-22T00:00:00Z |
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