pesos

“At that time we gave him a bonus of 5,000 pesos and a monthly salary of 3,500 pesos,” recalled Fernando Esquer Peñuñuri, former president of the Navojoa team.

“This treasure that sank with the ship included seven million pesos, 116 steel chests full of emeralds, 30 million gold coins,” says Rahim Moloo, the lawyer representing Sea Search Armada.

Shipped to Mexico, the consumer goods would be sold and the money turned over to a cartel representative, returning the value of the drug dollars purchased by the Chinese national to the cartel in pesos.

It’s the third time this year that inflationary spikes hit subway fares — just 80 pesos last December — as Milei cuts federal subsidies for public transportation, forcing city governments to raise costs.

To help finance the construction of the stadium in the 1960s, Mexican businessman Emilio Azcárraga Milmo sold boxes to private investors for 115,000 pesos, or about $9,000 at the time, giving the owners rights to use them for 99 years.