Word: peso
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Dates: during 2010-2019
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...Like foam in a beer stein, a white substance topped the 30-inch-tall barrel. Was it cocaine? Suárez plunged his hands into the powder, which turned out to be ant poison, then pulled out block after block of blue-and-white 20,000-peso bills...
...Chile experienced similar, if less dramatic, run-ups in their currencies in 2009, and Latin America remains the region to watch in 2010. Greg Anderson, director of currency strategy at Société Générale Global Markets in New York likes Mexico best, noting its peso could repeat the performance of last year's hottest Latin-American currencies, helped by comparatively high interest rates, currently at 4.5% but expected to trend upwards to 5.75% by year end. Also, Mexico's government is pursuing a hands-off approach to currency markets...