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April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!

 
Anonymous Coward
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United States
04/29/2010 12:57 AM
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April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
I have just been informed by my wife today, that as of 2 weeks ago. ALL banks in Mexico no longer accept U.S. Dollars (USD) in exchange for Mexican pesos (MXN).

She was told that this is from a directive from the Mexican central bank, as they wish to protect their banking system from currency fluctuation, money laundering, etc.

But the long and the short of it is that she COULD NOT exchange her surplus USD at ANY main stream bank in Mexico. (not HSBC, not Banamex, and not BBVA)

Why?? I do not know why. All they would say is that they had received this directive!

So, just what is going on here?

Sorry there is no MSM link, this is only based on what my wife was told today when trying to exchange USD in a main stream bank in Mexico!!!!!
mathetes

User ID: 793782
United States
04/29/2010 01:01 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
This will really help the Mexican economy


NOT
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Anonymous Coward
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04/29/2010 01:02 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Strange. Almost like they know something.
Anonymous Coward
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United States
04/29/2010 01:02 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
This will really help the Mexican economy


NOT
 Quoting: mathetes

+ 1,000,000,000,000,000,000,000,000,000,000,000,000
teamster

User ID: 878454
United States
04/29/2010 01:06 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Strange. Almost like they know something.
 Quoting: Anonymous Coward 953913



Kind of what I was thinking.......
.
This is a must see video......This woman describes why we have, and should protect our second amendment.
[link to video.google.com]
.
.
Rights do not require government registration, certification, or approval, and are not subject to any form of taxation — otherwise they are not rights, they are privileges granted at the discretion of the government, controlled by the government, and revocable by the government. By Brian Puckett.
[link to www.geoffmetcalf.com]
9teen.47™

User ID: 955927
United Kingdom
04/29/2010 01:12 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
mexgal Now this is the kind of story where we really, really need some very believable confirmation.
Zec 12:3 And in that day will I make Jerusalem a burdensome stone for all people: all that burden themselves with it shall be cut in pieces, though all the people of the earth be gathered together against it.
Psa 9:17 The wicked shall be turned into hell, [and] all the nations that forget God.
Jer 6:2 I have likened the daughter of Zion to a comely and delicate [woman].
STOCK UP NOW. You should have at least 6 months worth of basics for every member of your household. Stay away from crowds when trouble starts, do not forget water storage, tobacco is worth more than gold or silver, and be kind to hungry children.
Anonymous Coward
User ID: 955950
United States
04/29/2010 01:19 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
united states economy is worse than mexico's.
Olibow

User ID: 769657
United States
04/29/2010 01:30 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Does that include money they send to Mexico
~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~
From ED TV (1999)

I feel that Ed (TV) is the apotheosis of a prevailing American syndrome. It used to be that someone became famous because they were special. Now people are considered special just for being famous. Fame, itself, is now a moral good in this country. It's its own virtue.
wafrank

User ID: 936462
Ecuador
04/29/2010 01:39 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
I have just been informed by my wife today, that as of 2 weeks ago. ALL banks in Mexico no longer accept U.S. Dollars (USD) in exchange for Mexican pesos (MXN).

She was told that this is from a directive from the Mexican central bank, as they wish to protect their banking system from currency fluctuation, money laundering, etc.

But the long and the short of it is that she COULD NOT exchange her surplus USD at ANY main stream bank in Mexico. (not HSBC, not Banamex, and not BBVA)

Why?? I do not know why. All they would say is that they had received this directive!

So, just what is going on here?

Sorry there is no MSM link, this is only based on what my wife was told today when trying to exchange USD in a main stream bank in Mexico!!!!!
 Quoting: Anonymous Coward 919411



Hard to believe
spock bsflag
Anonymous Coward
User ID: 923672
United States
04/29/2010 01:46 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
LOL do you blame them? Its -1000% counterfeit! AND THEY PRINT MORE EVERY DAY! AMERICANS ARE FOOLS FOR LEAVING THEM IN THERE!
TX PATRIOT
User ID: 950567
United States
04/29/2010 02:50 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
BUMP for Feru

Can you confirm, mi amigo?

.
Anonymous Coward
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Netherlands
04/29/2010 02:51 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
No way. This story is false (until proved otherwise). Makes no sense for Mexico to do this. Actually, would bankrupt their ass.
Anonymous Coward
User ID: 781984
United States
04/29/2010 02:54 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
How much meaning does that have as everyone already uses US dollars over Mexican pesos in Mexico anyway? They'll just hurt themselves.
Anonymous Coward
User ID: 942503
United States
04/29/2010 03:21 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
They don't want to be caught with their shorts down when the next 911 happens.
...
User ID: 871629
Portugal
04/29/2010 03:24 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Just have to wait a little longer the American currency will be the peso shortly.
Anonymous Coward
User ID: 955999
Germany
04/29/2010 03:27 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
sorry can´t believe that, need any sort of confirmation this time.
bsflag
Anonymous Coward
User ID: 942503
United States
04/29/2010 03:36 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Don't know etiquette on posting from other boards so I'll leave it to mods to correct me..

I could find no other reference, in a short period of time and I gotta do some work. so....

This is from a forum post in February 2010, here:
[link to www.lonelyplanet.com]


"Trouble In Paradise / Banks Refused To Exchange Dollars For Pesos
First is a series of disclaimers: The following happened to me today 02/15/10 in a Pacific coastal city called LAZARO CARDENAS.

This is a recollection of events and is not intended to be a treatise on bank policy, international monetary exchange policy, the state of the world economy nor the phases of the moon. It is an anecdote: Please treat it as such.

BANCOMER: We no longer exchange dollars for pesos. This is permanent. We do not cash traveler's checks
BANAMEX: We no longer exchange dollars for pesos. This is permanent. " "
HSBC: We no longer exchange dollars for pesos. This is permanent " "
BANCO AZTECA: We no longer exchange dollars for pesos. This is permanent. " "
BANCO AFIRME: We no longer exchange dollars for pesos. This is permanent " "
BANJERCITO: We have never exchanged dollars for pesos. We have never cashed traveler's checks " "
Casa de Cambio: Yes we exchange dollars for pesos! 12.15 pesos for each US Dollar. We do not cash traveler's checks
SCOTIABANK: Yes we exchange dollars for pesos 12.76 pesos for each dollar. We do not cash traveler's checks. "
Anonymous Coward
User ID: 923416
United States
04/29/2010 03:42 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Don't know etiquette on posting from other boards so I'll leave it to mods to correct me..

I could find no other reference, in a short period of time and I gotta do some work. so....

This is from a forum post in February 2010, here:
[link to www.lonelyplanet.com]


"Trouble In Paradise / Banks Refused To Exchange Dollars For Pesos
First is a series of disclaimers: The following happened to me today 02/15/10 in a Pacific coastal city called LAZARO CARDENAS.

This is a recollection of events and is not intended to be a treatise on bank policy, international monetary exchange policy, the state of the world economy nor the phases of the moon. It is an anecdote: Please treat it as such.

BANCOMER: We no longer exchange dollars for pesos. This is permanent. We do not cash traveler's checks
BANAMEX: We no longer exchange dollars for pesos. This is permanent. " "
HSBC: We no longer exchange dollars for pesos. This is permanent " "
BANCO AZTECA: We no longer exchange dollars for pesos. This is permanent. " "
BANCO AFIRME: We no longer exchange dollars for pesos. This is permanent " "
BANJERCITO: We have never exchanged dollars for pesos. We have never cashed traveler's checks " "
Casa de Cambio: Yes we exchange dollars for pesos! 12.15 pesos for each US Dollar. We do not cash traveler's checks
SCOTIABANK: Yes we exchange dollars for pesos 12.76 pesos for each dollar. We do not cash traveler's checks. "
 Quoting: Anonymous Coward 942503


It's because of the Restore America Plan and new currency coming out within next couple of weeks most likely

[link to www.godlikeproductions.com]
Anonymous Coward
User ID: 954335
United States
04/29/2010 03:45 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Let me spell it out. B U L L S H I T
Anonymous Coward
User ID: 911484
Germany
04/29/2010 03:47 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
I have just been informed by my wife today, that as of 2 weeks ago. ALL banks in Mexico no longer accept U.S. Dollars (USD) in exchange for Mexican pesos (MXN).

She was told that this is from a directive from the Mexican central bank, as they wish to protect their banking system from currency fluctuation, money laundering, etc.

But the long and the short of it is that she COULD NOT exchange her surplus USD at ANY main stream bank in Mexico. (not HSBC, not Banamex, and not BBVA)

Why?? I do not know why. All they would say is that they had received this directive!

So, just what is going on here?

Sorry there is no MSM link, this is only based on what my wife was told today when trying to exchange USD in a main stream bank in Mexico!!!!!
 Quoting: Anonymous Coward 919411


does not surprise me. i have heard things.
Anonymous Coward
User ID: 955692
United States
04/29/2010 04:11 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen
Anonymous Coward
User ID: 903601
United States
04/29/2010 04:12 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Big fucking deal. let them. LOL.
Anonymous Coward
User ID: 911484
Germany
04/29/2010 04:13 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen
 Quoting: Anonymous Coward 955692


read this:

[link to pokerroomreview.com]
Anonymous Coward
User ID: 896722
United States
04/29/2010 04:14 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
bsflag dumbass
Anonymous Coward
User ID: 911484
Germany
04/29/2010 04:15 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:

[link to pokerroomreview.com]
 Quoting: Anonymous Coward 911484



[link to foreigncurrencytrading.forexlien.com]
Anonymous Coward
User ID: 954335
United States
04/29/2010 04:16 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:

[link to pokerroomreview.com]
 Quoting: Anonymous Coward 911484


Nope. That has to do with online gaming legality, not the solvency of currency
Anonymous Coward
User ID: 911484
Germany
04/29/2010 04:17 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:

[link to pokerroomreview.com]


Nope. That has to do with online gaming legality, not the solvency of currency
 Quoting: Anonymous Coward 954335


[link to www.marketoracle.co.uk]
Anonymous Coward
User ID: 911484
Germany
04/29/2010 04:20 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:

[link to pokerroomreview.com]


Nope. That has to do with online gaming legality, not the solvency of currency


[link to www.marketoracle.co.uk]
 Quoting: Anonymous Coward 911484



[link to support.steadfast.net (secure)]
Anonymous Coward
User ID: 954335
United States
04/29/2010 04:24 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:
[link to pokerroomreview.com] That has to do with online gaming legality, not the solvency of currency
[link to www.marketoracle.co.uk]
[link to support.steadfast.net (secure)]
 Quoting: Anonymous Coward 911484


Yeah, yeah, old news from last Sept. Not saying the $ is robust but the point of the thread was BS about the MX peso.

Oh, and.....
[link to quotes.ino.com]
Anonymous Coward
User ID: 923416
United States
04/29/2010 04:28 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:
[link to pokerroomreview.com] That has to do with online gaming legality, not the solvency of currency
[link to www.marketoracle.co.uk]
[link to support.steadfast.net (secure)]


Yeah, yeah, old news from last Sept. Not saying the $ is robust but the point of the thread was BS about the MX peso.

Oh, and.....
[link to quotes.ino.com]
 Quoting: Anonymous Coward 954335


Forex markets don't reflect what is going on "on the street"

Same deal as the gold/silver commodity market. Doesn't necessarily reflect what's happening "out there"

The paper markets are meaningless manipulated crap.
Anonymous Coward
User ID: 954335
United States
04/29/2010 04:37 AM
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Re: April 14, 2010 - Directive from Mexican Central Bank to ALL Mexican Banks: DO NOT ACCEPT ANY MORE AMERICAN DOLLARS in Exchange for Mexican Pesos!!!!
Can anyone from Mexico confirm this? I mean the peso should be in worse shape than the dollar, unless the central bank knows that a dollar crash will happen


read this:
[link to pokerroomreview.com] That has to do with online gaming legality, not the solvency of currency
[link to www.marketoracle.co.uk]
[link to support.steadfast.net (secure)]


Yeah, yeah, old news from last Sept. Not saying the $ is robust but the point of the thread was BS about the MX peso.

Oh, and.....
[link to quotes.ino.com]


Forex markets don't reflect what is going on "on the street"

Same deal as the gold/silver commodity market. Doesn't necessarily reflect what's happening "out there"

The paper markets are meaningless manipulated crap.
 Quoting: Anonymous Coward 923416


Oh, ok then. Tell you what, I'll cede to you the "out there" as you stay in the know "on the street" and I'll continue making and putting away a shitload of dough
in the meantime......er I mean meaningless crap.





GLP