|
The dollar hits 90 cents! (pg. 5)
|
View this Thread in Original format
| malek |
| quote: | Originally posted by Jayx1
Or so they say because most businesses make a daily or bi-daily stop at the bank. |
yes but they usually pay a fee for changing US dollars plus a couple of % in the exchange rate. |
|
|
| Orko |
| quote: | Originally posted by malek
yes but they usually pay a fee for changing US dollars plus a couple of % in the exchange rate. |
Is it different for a business? Everytime I have exchanged money from US $ or British Pounds, its always just been a % of each dollar, and not fee. |
|
|
| malek |
| quote: | Originally posted by Orko
Is it different for a business? Everytime I have exchanged money from US $ or British Pounds, its always just been a % of each dollar, and not fee. |
it depends which bank... |
|
|
| jesteraver |
| Would be nice if the Canadian Dollar would start going up against the Pound. Would be very enjoyable |
|
|
| Jayx1 |
| quote: | Originally posted by jesteraver
Would be nice if the Canadian Dollar would start going up against the Pound. Would be very enjoyable |
and the euro for that matter..
it has a little bit, but not that much |
|
|
| jesteraver |
| quote: | Originally posted by Jayx1
and the euro for that matter..
it has a little bit, but not that much |
Canadian/Euro, ever since the Euro was introduced into the Market its always been at like 1 Euro to 0.71 CDN$. I will be over joyed when it goes to 1 Euro to 0.80 CDN$.
I hope one day 1 GBP to 0.60 CDN$, not that would be heaven. |
|
|
| drgoodvibe |
conspiracy theory #1 .. middle eastern countries want to start priceing barrels of oil in EURO rather then Dollars... The dollar would collapse overnight. There is a reason why the U.S dollar is also called the Petrodollar.
discuss.. |
|
|
| malek |
The canadian dollar and Norway kroner are petrodollars.
The US is an international trade currency used for almost everything. |
|
|
| jesteraver |
| quote: | Originally posted by drgoodvibe
conspiracy theory #1 .. middle eastern countries want to start priceing barrels of oil in EURO rather then Dollars... The dollar would collapse overnight. There is a reason why the U.S dollar is also called the Petrodollar.
discuss.. |
Soon the Greenback will be used as toilet paper.
i was thinking that... why dont they use the GBP as the cost of a barrel of oil?
1 Barrel = 158.98729 Liters. Man oil companies make a huge profit. |
|
|
| dallastar |
| I love to shop in the STATES! |
|
|
| Orko |
Canadian Exports for March 2006, in $ Millions
- Energy Products: 7,533
- Machinery and equipment: 7,177
- Automotive products: 6,848
- Industrial goods and materials: 6,663
- Forestry: 2,936
- Agriculture and Fishing: 2,519
- Special transactions trade: 1,535
- Other consumer goods: 1,281
Stats Can Source
This clearly shows that energy is our largest export, but it certainly is not the dominant one. The manufacturing sector takes the next two spots which gives us a strong position. Energy exports did increase 25.6 % from the same point last year, which lead to our dollar's rising value. |
|
|
| jesteraver |
| quote: | Originally posted by dallastar
I love to shop in the STATES! |
same here.
A pair of shoes I like in the States are $95 US. I buy them at Holt's its like $220 CDN. Pretty much double.
It's cheaper to buy certain things in the states now. |
|
|
|
|
