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Australia eBay & Paypal General discussions about eBay.com.au Suspensions and Paypal.com.au limited accounts. This forum is geared towards AU.

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Old 03-31-2016
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Default 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
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Old 04-01-2016
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Default 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.
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Old 04-01-2016
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Default 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.
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Old 04-01-2016
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Default Re: Aussie Dollar

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Originally Posted by yankee View Post
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

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Old 04-01-2016
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Default Re: Aussie Dollar

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awesome info!
Thanks!!
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Old 04-01-2016
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Default Re: Aussie Dollar

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Originally Posted by yankee View Post
awesome info!
Thanks!!
Newspaper is reasonable in its financial reporting, yankee.

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

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Default Re: Aussie Dollar

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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.
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Default 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%
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Default Re: Aussie Dollar

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Originally Posted by yankee View Post
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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