$1 CDN = $1 USD
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I don't know about you guys but I am not quite impressed with that. Unless I am planning to spend the winter in Florida, this change is going to cost me a lot. http://ca.moneycentral.msn.com/investor/quotes/quotes.asp?Symbol=/USDCAD[^] http://www.cbc.ca/money/story/2007/09/20/canadiandollar.html?ref=rss[^] Any other Expat annoyed with this news? Cheers
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
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I don't know about you guys but I am not quite impressed with that. Unless I am planning to spend the winter in Florida, this change is going to cost me a lot. http://ca.moneycentral.msn.com/investor/quotes/quotes.asp?Symbol=/USDCAD[^] http://www.cbc.ca/money/story/2007/09/20/canadiandollar.html?ref=rss[^] Any other Expat annoyed with this news? Cheers
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
Actually, being a Canadian I am quite thrilled. :-D Logan
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I don't know about you guys but I am not quite impressed with that. Unless I am planning to spend the winter in Florida, this change is going to cost me a lot. http://ca.moneycentral.msn.com/investor/quotes/quotes.asp?Symbol=/USDCAD[^] http://www.cbc.ca/money/story/2007/09/20/canadiandollar.html?ref=rss[^] Any other Expat annoyed with this news? Cheers
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
I can tell you as a Canadian I am not happy either! Inflation will be on the rise, now with higher oil price we got higher inflation due to the strength of the $ Also manufacturing is losing money, being forced to close shop and in a few years down the road the big R word which is making its was onto the street. that's right kids, Recession. I am moving my CAD to my UDS bank a/c and will let it sit there till the UDS eventually comes back. Then I will collect my profits and be a much happier Canadian...LOL
--- Yours Truly, The One and Only! devmentor.org Design, Code, Test, Debug
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I can tell you as a Canadian I am not happy either! Inflation will be on the rise, now with higher oil price we got higher inflation due to the strength of the $ Also manufacturing is losing money, being forced to close shop and in a few years down the road the big R word which is making its was onto the street. that's right kids, Recession. I am moving my CAD to my UDS bank a/c and will let it sit there till the UDS eventually comes back. Then I will collect my profits and be a much happier Canadian...LOL
--- Yours Truly, The One and Only! devmentor.org Design, Code, Test, Debug
that might be a long wait. Our govt having to cut interest rates to mitigate the damage from the subprime housing mess at the same time most of the other major currencies are raising their interest rates is probably going to keep the USD weak for a long time.
-- If you view money as inherently evil, I view it as my duty to assist in making you more virtuous.
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I don't know about you guys but I am not quite impressed with that. Unless I am planning to spend the winter in Florida, this change is going to cost me a lot. http://ca.moneycentral.msn.com/investor/quotes/quotes.asp?Symbol=/USDCAD[^] http://www.cbc.ca/money/story/2007/09/20/canadiandollar.html?ref=rss[^] Any other Expat annoyed with this news? Cheers
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
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Not really. I'm actually trying to re-engineer my return to Canada. I'm looking forward to the payback when you cash Canadian into local Currency (Jordanian Dinar). This is because the local Dinar is permanently aligned with the US Dollar at $1 = 0.71 JD. More bang for ma buck! Things might suck when I get back to Canada if everything turns out to be permanently over priced because of the difference...
"Programming today is a race between software engineers striving to build bigger and better idiot-proof programs, and the Universe trying to produce bigger and better idiots. So far, the Universe is winning." - Rick Cook "There is no wealth like knowledge, no poverty like ignorance." Ali ibn Abi Talib
Hi, I am in the exact opposite side of the equation. I am buying Canadian Dollar. For expats who are used to make x value of money in a currency with a fixed to USD rate, we are losing 60% of what we used to make 4 years ago. The regular loan payment has been increasing (this is in addition to Interest Rate, Money Value of Time, Currency Exchange fees) You end up with a skeleton of a Lonnie! Regards
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
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I hear you! :omg::wtf:
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
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Actually, being a Canadian I am quite thrilled. :-D Logan
hi, When we are exporting goods, we don't want our currency to be too high. So if Alberta is selling Oil for a price of $80 now, it is selling for a price of $48 of 2002. That is why I don't share the thrill. Cheers. Raz
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
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hi, When we are exporting goods, we don't want our currency to be too high. So if Alberta is selling Oil for a price of $80 now, it is selling for a price of $48 of 2002. That is why I don't share the thrill. Cheers. Raz
Ghazi Hadi Al Wadi, PMP, ASQ SSGB, DBA
The same applies to Indian Rupees too. Today the Indian Rupee still grew in value and stands at
1 USD = 39 INRVasudevan Deepak Kumar Personal Homepage Tech Gossips