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Crisis

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2008.10.23 | 02:21
Coordinates: Absurdistan, Central Europe

Could someone please explain to me, that if there’s a financial crisis all over the place, but it started in the USA and they still aren’t feeling well according to the stock markets and all kinds of news bits I hear…

How the heck is it possible that the USD is strengthening against pretty much every other currency?

So much, that though they were on par with CAD a little while ago, it’s about 1.25–1.30 CAD to one USD now.

And of course I have to live in one of the, what, three countries that get trampled over in this. USD from 140 to 210 HUF a piece, EUR from 240 to 280 HUF a piece, GBP from 300 to 350 HUF a piece. Nice, isn’t it?

There go my plans of getting a laptop. Soon enough you can’t get rubbish for 200k if this keeps on going.

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Comments {13}

Rab Streambattle

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from: rab_otta
date: 2008.10.23 08:20 (UTC)
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working in a financial institution , I've seen the canadian dollar dropping against a wide variety of others - US a major one , going down nearly 30 cents in just a week.. but also the exchange rate with Jamaica , India , Pakistan dropping, to name just a few ..

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