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-   -   Aussie Dollar (https://www.aspkin.com/forums/australia-ebay-paypal/95121-aussie-dollar.html)

Stealth4 03-31-2016 11:40 PM
Aussie Dollar
 
For those buying from china are you worried about the dollar falling. It may go down as low as .50 usd. What do you do in this situation

pegasus 04-01-2016 11:03 AM
Re: Aussie Dollar
 
Yes 5 cents drop makes a massive differences already image a 25 cent decrease. If this was to happen you and I will have bigger problems to worry about here in Australia.

yankee 04-01-2016 11:08 AM
Re: Aussie Dollar
 
Is the USD strong or the AU weak?

CD/USA exchange has been volatile a couple percentage a day and effects me.

South America business is non existent because of the exchange.

GreenBean 04-01-2016 06:18 PM
Re: Aussie Dollar
 
Quote:
Originally Posted by yankee (Post 759382)
Is the USD strong or the AU weak?

CD/USA exchange has been volatile a couple percentage a day and effects me.

South America business is non existent because of the exchange.
Think it is a mixture....

Australian dollar breaks through US77¢ as Commonwealth Bank lifts forecasts

:typing:

yankee 04-01-2016 08:27 PM
Re: Aussie Dollar
 
Quote:
Originally Posted by GreenBean (Post 759515)
awesome info!
Thanks!!

GreenBean 04-01-2016 08:31 PM
Re: Aussie Dollar
 
Quote:
Originally Posted by yankee (Post 759539)
awesome info!
Thanks!!
Newspaper is reasonable in its financial reporting, yankee.

As a general "need to know", it is reasonably factual.

:au:

Stealth4 04-01-2016 08:36 PM
Re: Aussie Dollar
 
Quote:
Originally Posted by GreenBean (Post 759515)
I have read that article and seems like we will be ok this year. Done some research for 2017 and it does say on AUD will fall as low as 0.50 USD by end of 2017. Now how do we stay in business as i import and sell to australians.

yankee 04-01-2016 08:44 PM
Re: Aussie Dollar
 
AU is my second largest market and it has been less than half of last year and about 20% of 2011 when AU was positive USD 20-50%

Stealth4 04-01-2016 11:06 PM
Re: Aussie Dollar
 
Quote:
Originally Posted by yankee (Post 759544)
AU is my second largest market and it has been less than half of last year and about 20% of 2011 when AU was positive USD 20-50%
Thats right, you will loose aussie customers if u r selling usd. It will be too expensive for us to buy international


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