All rates are currently quite volatile, and spreads are HUGE. The market will open today at around 1100AM and all the small print of the measures are being announced as I type this post. It is unclear how these measures will affect the Blue Market rate, although many think that the initial very short term impact may be of a softening of the rate and then a continued rise...... very hard to tell at this point. Stay tuned for more news......
BTW, Xoom is currently offering 10,3525 gross of fees/expenses, so depending on how much you trade and how you fund Xoom you effective exchange rate will be approx. 10 pesos per Dollar.
Last edited by Gaucho100K; Jan 27, 2014 at 4:46 am