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Grupo Elektra is a Mexican financial and retail corporation founded in 1950 by Hugo Salinas Price. The company currently operates over seven thousand points of contact across Mexico, United States , [ 5 ] and Central America, [ 6 ] through two business divisions: commercial and financial. [ 7 ]
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
Elektra then set up a direct sales operation offering appliances on installments. By 1968, Elektra had opened 12 stores nationwide. Hugo Salinas Price retired from the company in 1987, leaving the 59-store retail network to his son Ricardo Salinas Pliego .
Argentina’s financial markets are closed for a local holiday, but the peso weakened slightly in partial trade to stand at around 353.58 to the US dollar. The value of the currency has plunged ...
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María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a ...
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1995 Peso Crisis -6.2% 1995–2000 ... Compared against the US Dollar, Mexican Peso has devalued over %7,500 since 1910. ... Grupo Elektra: Mexico City: 8.19 Finance ...