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"Ouch! It's Superpeso"

Business Week, April 1, 2002.

Synopsis:
This article discusses the amazing strength of the Mexican peso, one of the few currencies that has been appreciating against the U.S. dollar. The sound economic fundamentals in Mexico have made the peso one of the world's best-performing currencies. However, the strong peso is eroding the competitiveness of Mexican industry. This article also discusses Mexican manufacturers' strategies to counter the effects of the currency appreciation.

Full-text Article: http://www.businessweek.com:/print/magazine/content/02_13/b3776154.htm?mainwindow

Text connection: Chapter 10 "The International Monetary System" (pp.313-326).

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