USD at 1.27 today. The sky is falling

Reef Supplies · #1 07-25-2015, 02:08 PM

Oy :-(

http://www.ctvnews.ca/business/how-l...pert-1.2486200

Doug · #2 07-25-2015, 05:01 PM

Sucks for our imported equipment

Reef Supplies · #3 07-25-2015, 05:11 PM

Quote:

Originally Posted by Doug

Sucks for our imported equipment

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

xenon · #4 07-25-2015, 07:42 PM

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 · #5 07-26-2015, 06:46 PM

Quote:

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 · #6 08-04-2015, 05:19 PM

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

Aqua-Digital · #7 08-04-2015, 05:24 PM

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.