On Mon, 29 Oct 2007 17:54:31 +0000, mike o'sullivan
wrote:
>Alan S wrote:
>> On Mon, 29 Oct 2007 06:44:24 +0000, mike o'sullivan
>> wrote:
>>
>>> G. W. Busshit wrote:
>>>> For those who are in import/export business or on travel would know the
>>>> pain for having the US dollar as the base currency. Almost every day
>>>> this past week, the US dollar continues to slide downward, just like the
>>>> value of the damn stupid brain of George W. Bush.
>>> Good for exports though!
>>
>> And wonderful for travelers like me; not so great for our
>> exporters with US$ contracts though.
>>
>Brits are now going to New York for a long weekend's shopping. Still
>save money.
In 2003 the exchange rate for the AU$ was $0.60. Today it's
$0.95.
In May 2003 I stayed in the Millennium Broadway for US$133
per night; the three nights cost me AU$666. The same bill in
US$ today would cost me AU$433.
The way it's heading by the time I get there next April it
will be parity.
Cheers, Alan, Australia
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