The increase in the exchange rate between the dollar and peso also affects the region near Mexico, but on the northern side of the border. The steady increase in the exchange rate in recent years has cause a 40 percent drop in sales, only in San Ysidro.

The data was revealed by Jason Wells, director of the San Ysidro Chamber of Commerce at the recent weekly meeting of Tijuana Innovadora, noting that about 88 percent of consumers in San Ysidro are Mexicans.

In addition to the depreciation of the peso, the boycotts promoted by Tijuana residents at weekends have also hit the economy of the US state district closest to Tijuana.

Via RadioFormula & Frontera

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