 Peso continues to fall
Obviously, we all hope you are right. I was living very comfortably when the
rate was 55, 50 would be OK. At 40 we were stretching our budget every month. But, I just don't see it going to 50, maybe 48 tops. I think there's just too much money coming into the country from OFWs and wives. The reported amount is $18 billion a year, you can bet there's at least that much again unreported. |