Word: pesos
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Dates: during 1990-1999
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Finally, Salinas has been blamed for thecurrent economic crisis in Mexico, prompted by thedramatic devaluation of the Mexican peso late lastyear...
...standing tradition that requires former Presidents to refrain from publicly criticizing their successors, and telephoned a popular pro-government news program to issue an emotional appeal. Saying nothing about his brother, he denounced the Zedillo government for the ``errors of December,'' an unmistakable reference to his successor's disastrous peso devaluation, which sent the economy into a tailspin. While Salinas' statement transfixed Mexicans with its breach of political decorum, it did little to restore the reputation of the former President...
Several students said their families, burdened by rising costs resulting from the peso's shrinking worth, have had to tighten their belts...
Despite the security of academic life in America, Harvard's Mexican students say they are feeling the effects of a weakened peso...
Strained by the ongoing political conflict between former President Carlos Salinas and current President Ernesto Zedillo, as well as a largescale loss of investor backing, the ailing peso continues to fall. Yesterday, the peso was worth fifteen American cents...