Words similar to peso
Example sentences for: peso
How can you use “peso” in a sentence? Here are some example sentences to help you improve your vocabulary:
'Not one single Mexican lost a peso in their bank accounts,' a spokesman for the Finance Ministry said.
Despite creating a pocket of wealth for the region, Mexico itself suffered a number of crises in the 1980s and 1990s, including a drastic devaluation of the peso in 1995 following months of economic chaos.
But even assuming that the peso holds and that things don't fall apart, there is still a serious lesson in Argentina's current travails--namely, that you can scratch one more supposed economic panacea off your list.
A peso is worth a U.S. dollar, and that promise is made credible by the legal requirement that every peso in circulation be backed by a dollar's worth of foreign exchange reserves.
I often run into people who assert confidently that massive speculative attacks on currencies like the ones on the British pound in 1992, the Mexican peso in 1994-1995, and the Thai baht in 1997, prove that we are in a new world in which computerized trading, satellite hookups, and all that mean that old economic rules, and conventional economic theory, no longer apply.
Loading...