View Single Post
  #8 (permalink)  
Old 3rd July 2008, 02:33 PM
MamaCalidad MamaCalidad is offline
Expat Newbie
 
Join Date: Jul 2008
Posts: 4
Rep Power: 0
MamaCalidad is on a distinguished road
Default

Quote:
Originally Posted by pedro View Post
in tourist zones they will take dollars and give you rotten exchange rate.
Sometimes. And sometimes they'll give you a better rate. We had a store give us an 11.00 exchange rate last week. It's like anything else in life. Let the buyer beware. *shrug*

Quote:
here in chapala i have never seen a merchant,etc. take anything other than mexican p.
I imagine it's rarer to see. Have you ever asked? Of course, Mexico isn't completely the same everywhere, so perhaps it is different there. We've made purchases with dollars in a number of cities in Tamaulipas, in Monterrey, in Saltillo, and in a number of cities in Guanajuato.

Quote:
a merchant in greatfalls montana will not except mexican money for example-nor those in peoria, iowa.
Apples and oranges. Mexico's economy is much more influenced by US dollars than the US economy is ever impacted by Mexican pesos. I seriously doubt that there is any bank in the US where you can have your deposits maintained as Mexican pesos. You can have your bank deposits maintained in US dollars in at least one Mexican bank that I know of.
Reply With Quote