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Canadian dollar

  1. Sep 14, 2007 #1
    The Canadian dollar hit 0.968617 cents US today. And it's been flirting with 0.7 Euros since the beginning of June.

    I suddenly feel like going for a donut at Krispy Kreme.
     
  2. jcsd
  3. Sep 14, 2007 #2
    Eeewww, eat a real donut for God's sake.
     
  4. Sep 14, 2007 #3

    jim mcnamara

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    Dunkin Donuts? Krispy Kreme? Hardly.

    You need to get those trans-fatty-acid soaked wonders from Hostess.....
     
  5. Sep 14, 2007 #4
    I always admire how quickly threads get irrelevent.
     
  6. Sep 14, 2007 #5
    I'm going to London for a month, not excited about the xrate :(
     
  7. Sep 14, 2007 #6

    cristo

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    I feel for you there, Greg-- especially going to London as it's an even more expensive place to live than the rest of the UK. If it makes you feel any better, I've just been on a trip to the US and loved the exchange rate; everything was so cheap! :biggrin:
     
  8. Sep 14, 2007 #7
    The value of national currencies isn't expected to remain up to date for long. Just like Krispy Kreme donuts don't stay fresh.
     
  9. Sep 14, 2007 #8

    Chi Meson

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    You need to freeze them and then microwave them for 30 seconds.

    No wait, I'm talking about the British Pound.
     
  10. Sep 14, 2007 #9
    is that a good thing?

    irrelevent--->irrelevant
     
  11. Sep 14, 2007 #10

    jim mcnamara

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    cybernomad -
    it means all the US-made junk costs less in Canada - Hostess cakes made in Albany sell for about 20% less than a year ago - to beat a dead irrelevancy into a pulpy mass.

    Except that the Canadadian stores prolly still charge the same? The only way to win is to take Canada dollars South (inside a Visa card) buy stuff and go home.
     
  12. Sep 14, 2007 #11

    Astronuc

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    If the Fed cuts the discount rate next week, then the dollar will drop further.

    It's good for those of us exporting goods and services overseas.

    Many eyes will be watching Ben Bernanke.
    UK Bank Rescued, Fed To Cut Deeper?
     
    Last edited: Sep 14, 2007
  13. Sep 14, 2007 #12
    I was in the auto part manufacturing sector and enjoyed the low dollar of the 80's when US companies moved jobs north. I'm Canadian.


    What of Mexico?
     
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