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 / Modified mar 15, 2019 3:59 p.m.

How Peso Devaluations Impact Arizona's Economy

A discussion with UA Eller College of Management economist George Hammond.

A factor that extends beyond the borderlands but shapes the relationship between Arizona and Mexico concerns the value of the peso. Currently, $1 is equal to 19 pesos. A recent study from the University of Arizona Eller College of Management looked into how peso devaluations impact Mexicans' willingness to spend in the U.S. Eller economist George Hammond explained the college's findings.

Arizona 360
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