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Originally Posted by nikad
you mean the dollar is high or that it is getting low? here the central bank is operating everyday to keep it at about 1 dollar=3 pesos, but generally is is at 2.94 or so.
nik
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It was going down quickly, but I'm hoping economists are correct and it will go up again by the end of this year.
We had the lowest rate since 2002 last week. Right now is at U$1 = R$2.41 (generally around R$2.90)
Just out of curiosity: R$1 = 1.19 Argentina Pesos