MXP -> USD Currency. Would it go down?

[agarza]

After the economical situation on the USA a single US dolar has become more expensive to exchange:

Before:
1 USD = 10.80 MXP (Mexican Pesos)

After the depression:
1 USD = 13.8 MXP


I'm wondering whether to wait by the end of the year to buy some electronic stuff (Playstation 3, 320GB Hitachi HDD for my T61, etc), but can't find any info if the dollar would be 'cheaper' to trade.

[bill bolton]

but can't find any info if the dollar would be 'cheaper' to trade.

The global economy is in for a very rough ride in financial terms for at least the next year and possibly much longer.

However bad it looks from your point of view right now, its probably going to get worse not better in the short to medium term.

Bill B.

[qviri]

USD has also been rising against CAD (up to 1.17 now), which confuses me mildly. If anyone has insight about possible values and timeframes of a local maximum, I'd be interested to hear it...