Pesos preferred to dollars

Thanks to efforts to curb money laundering, it is now more difficult to spend dollars in Mexico. Tourists should have no difficulty exchanging their money in hotels and at banks, but shops and restaurants may refuse American currency. Because of the vast amount of dollars brought into the country by drug dealers, the government is limiting the amount of U.S. currency that can be accepted by banks in any given month. The rules, not exactly clear, went into effect this week, leaving everybody confused.

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Jimm Budd

Reporting from Mexico city

Member of the Society of American Travel Writers