Mexico's Superpeso Requires Careful Handling

A Big Mac in Mexico already costs almost $6.50. So does a gallon of premium gasoline. The shiny new iPhone 18 Pro? That will set you back 29,999 pesos, or about $1,765 at 17 to the dollar, nearly 50% more than the US pre-tax list price. And I won’t get into what private-school tuition costs in Mexico City even before converting it into dollars.