Dollar Value Dropping Very Low

January 22nd, 2014 by

Seems like the Canadian dollar has been losing a lot of value lately. As a result, people that do business with other countries like the US are probably going to get more business since it is going to be cheaper to buy things from here or to do business with.

These kinds of things don’t affect me too much personally. If anything it makes the appeal of buying something local more appealing as even though things are generally cheaper in the US the exchange rate could kill those savings. It’s nice for the sources where I am being paid in US currency though as technically it is worth more now.

One thing I might do is for any US based services that I subscribe to maybe I should just subscribe for like a year in an effort to pay less incase the dollar continues to drop.


Share the joy
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

No comments so far.

Leave a Reply