Exchange rate

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Exchange rate

Post by straightshooter » 10 Oct 2022, 7:50 am

I don't know if I am dreaming but it looks like the AU$ jumped from 64 cents to 74 cents to the US$ seemingly overnight.
The change hasn't flowed through to ebay prices... yet.
Will it improve even further? Is this sudden jump telling us something important? Who knows?
"Anything is possible if you don't know what you are talking about."
"There is no expedient to which a man will not resort to avoid the real labor of thinking." Sir Joshua Reynolds
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Re: Exchange rate

Post by niteowl » 10 Oct 2022, 11:11 am

It is 61 cents this morning. Been 62 / 64 for some weeks. That is the price you pay to BUY something in $US. I watch this a number of times a days as I am an importer.
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Re: Exchange rate

Post by wrenchman » 10 Oct 2022, 11:45 am

yes the u.s. money is tanking right now its what happens when you just print it
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Re: Exchange rate

Post by wanneroo » 10 Oct 2022, 12:27 pm

Well the US$ is strong right now against other currencies and if the FED keeps raising rates, it probably will be for a while yet.

Personally for my benefit I hope it hits rock bottom when I visit so I can live it up. If it goes down to 50 cents or below I might just have to get on a plane and go.
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Re: Exchange rate

Post by deye243 » 10 Oct 2022, 1:47 pm

wrenchman wrote:yes the u.s. money is tanking right now its what happens when you just print it

they are printing it here to . Wanneroo will get his wish .
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