Tuesday, 22 July 2008

PPP

With exchange rates almost reaching parity with the US dollar I think it is time for me to take advantage of this and purchase multiple products from Amazon.com

Wish list:

1) Bulk tennis balls
2) Tennis net
3) Shoes
4) CD's (Ping's case Blu-rays)
etc...


The rate won't be high for long, should make use of this.

- Ivan

3 comments:

Steeejei said...

"The rate won't be high for long, should make use of this."

Correct me if I'm wrong, but I would have thought that with the US economy going into a recession our AUS Dollar would end up being better than the US dollar for as long as the US was in a recession (which is usually a few years...?)...?

ivatch said...

nah the government doesn't want a dollar higher than the US otherwise it hurts Australian exports. It will do whatever it can to move against parity.

Steeejei said...

Well, as of yesterday the AUS dollar fell back down to 88(ish) cents...

So much for parity this year...lucky I bought my new lens when I did.