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Old 15-07-2008, 10:27 PM
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citivolus (Ric)
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Join Date: Sep 2007
Location: Carindale
Posts: 1,178
I pay in USD for my imports from China (LED torches), and will be paying for a new shipment tomorrow, so this exchange rate is VG for me. Since I started importing, my costs have dropped by over 20%. Fortunately I can pass that on to the consumer in lower costs. For the last couple of months I have been selling on par with the USA MSRP, which was not possible previously. A decent percentage of my sales (40%+) is still to the EU, due to their even stronger Euro. It isn't all bad for exports.
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