USD at 1.27 today. The sky is falling

[Doug]

Sucks for our imported equipment

[Reef Supplies]

Originally Posted by Doug

Sucks for our imported equipment

sucks for 99% of EVERYTHING we buy. If this guy is correct......oyyy

[xenon]

This is going to be a major issue.

The prices of corals will also be effected because they are always purchased from farms in US dollars.

[Doug]

Originally Posted by xenon

This is going to be a major issue.

The prices of corals will also be effected because they are always purchased from farms in US dollars.

Guess we just have to buy when sales are on...

[Reef Supplies]

http://www.ctvnews.ca/business/canad...-low-1.2500923

[Aqua-Digital]

Good for my USD account right now

http://www.xe.com/

take into account that's interbank rates in the link the consumer can pay anything up to 6.0 points above this!!! but typically around 3.0 points.

I have strong Corporate connections to Canadian Forex which means we pay a small 0.1 above interbank which helps us keep pricing as low as physically possible.

[Reef Supplies]

Originally Posted by Aqua-Digital

take into account that's interbank rates in the link the consumer can pay anything up to 6.0 points above this!!! but typically around 3.0 points.

.

That's right! Anyone who uses their CAD CC to shop in the USA will pay in upwards of 1.35!