USD is going down! What to do?

Discussion in 'General Business' started by 8everything, Jul 6, 2007.

  1. Awareness

    Awareness Banned

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    #41
    The ruppe also has appreciated very much against the dollar. Their has been an nearly 10% appreciation of ruppe which is killing me
     
    Awareness, Jul 7, 2007 IP
  2. AstarothSolutions

    AstarothSolutions Peon

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    #42
    Yeah, basically the USD is just doing very badly at the moment and so almost all other currencies now have a stronger possition against it. Great if you are a buyer from the country but pants if you are a supplier.
     
    AstarothSolutions, Jul 7, 2007 IP
  3. Gareth_Boyd

    Gareth_Boyd Well-Known Member

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    #43
    Honestly I don't mind it going. I love buying sites for 300 - 400$ and ending up only being 200£, but when it comes to selling my sites, it sucks :eek:
     
    Gareth_Boyd, Jul 7, 2007 IP
  4. *domainatrix*

    *domainatrix* Peon

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    #44
    I preferred it a few years ago when one of our dollars was worth about 67 cents. How in the hell did it get up to 96 from 2001?
     
    *domainatrix*, Jul 7, 2007 IP
  5. Lazaru5

    Lazaru5 Peon

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    #45
    I'm in the UK so charge in £'s..

    I try, however, to buy in $'s

    It seems the most sensible solution to me. I remember when the £ was worth only $1-36 (yr2000 or so), was much better to earn $'s then, *sigh* how times change :p
     
    Lazaru5, Jul 7, 2007 IP
  6. Jovial

    Jovial Peon

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    #46
    What it did wa si switched to Euro
    i cant bear loss
    even Indian rupee is going up so i cant stay :(
    SO i raised chanced my currency partially
     
    Jovial, Jul 7, 2007 IP
  7. Awareness

    Awareness Banned

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    #47
    do they agree to pay u higher
     
    Awareness, Jul 7, 2007 IP
  8. -bank-

    -bank- Well-Known Member

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    #48
    Try thet euro, its strengh is improving and therefore a good currency to use, many suppliers of mine have converted from USD to EUR due to that exact reason.
     
    -bank-, Jul 7, 2007 IP
  9. 8everything

    8everything Peon

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    #49
    Switching currencies sounds ideal.. however do you think that'll effect clients from the US negatively?
     
    8everything, Jul 7, 2007 IP
  10. crockett5

    crockett5 Peon

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    #50
    Not sure how the conversions work.. However maybe look into epassporte.com You can get a Visa electron card with them and just withdraw the money from any ATM machine. Up to $500/day.

    I'm in the US, but I know for 100% certain that the card works just fine outside the US.
     
    crockett5, Jul 7, 2007 IP
  11. 8everything

    8everything Peon

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    #51
    This is just for conversion via paypal :) the only way I can convert.. and I can't withdraw without changing my funds to CDN :(
     
    8everything, Jul 7, 2007 IP
  12. Dzuster

    Dzuster Banned

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    #52
    this is a quite bad news to us..
     
    Dzuster, Jul 7, 2007 IP
  13. wokaka

    wokaka Peon

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    #53
    Internet should use Euro, USD is falling because of Bush's fault.
     
    wokaka, Jul 7, 2007 IP
  14. rochow

    rochow Notable Member

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    #54
    How will using the euro be better for me?

    Say I got send $50 US, except in Euro and then converted it to the aussie dollar, wouldn't I get the same amount?
     
    rochow, Jul 7, 2007 IP
    Richie_Ni likes this.
  15. Mxhub

    Mxhub Active Member

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    #55
    migrate to another country.. LOL
     
    Mxhub, Jul 7, 2007 IP
  16. maverick123

    maverick123 Peon

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    #56
    buy Emerging market assets,twin benefits are:- their currencies are strengthening and asset prices are increasing sharply whether it be stocks,bonds,real estate.........
     
    maverick123, Jul 9, 2007 IP
  17. Pjebo

    Pjebo Peon

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    #57
    Oh the good old times, when 1 EURO was 0.75 USD .. I can only wish those times will come back.
     
    Pjebo, Jul 9, 2007 IP
  18. 8everything

    8everything Peon

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    #58
    All of my funds offline are in Canadian dollars.. which is getting stronger, so I don't mind keeping them as is. I was just worried about my USD funds online... (paypal) and 99.99% of my business transactions are completed with the USD
     
    8everything, Jul 9, 2007 IP
  19. GsMen

    GsMen Well-Known Member

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    #59
    vote for another president :)
     
    GsMen, Jul 9, 2007 IP
  20. 8everything

    8everything Peon

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    #60
    :p if I wasn't a Canadian citizen :p
     
    8everything, Jul 9, 2007 IP