since we're hijacked (Pedro paid me to do this).....
ok, 4 to 1, so $US150/BZ300 for a room night goes to $US150/BZ600. Salaries will be adjusted for the hotel workers reflecting this. T-shirt $US10/BZ20 to $US10/BZ40, the gift shop workers salary is adjusted.
Papayas, citrus, bananas (the other 25% of the economy) now fethces twice as much in $US.
For those with large $BZ holding will feel it. Where are the banks assets?
When restocking shelves, pantries and hotel store rooms, the local produced products will be more attractive. People visit Belize to eat Belizean products, I would hope. More profits and better playing fields for local producers.
Not all roses, but not all lemons either.
SIN