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Old 25-08-2008, 09:08 AM
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Omaroo (Chris Malikoff)
Let there be night...

Omaroo is offline
 
Join Date: Aug 2006
Location: Hobart, TAS
Posts: 7,639
Come on guys - that's a bit unfair isn't it?

Companies that sell and trade in foreign-sourced goods know, at any one time, what their stock is worth based on the current exchange rate and sell it accordingly. Could you imagie the complexities involved in tracking every single item in stock and charging it out at a different rate to any other? Also given that not all of their stock comes from a single country of origin (i.e. USA, China, UK, Japan, etc, etc..) how complex a system would they need to monitor and adjust individual stock lines based on the country they were bought from?

"Now - let's see - we bought this in from the US on 17th April, so the exchange rate back then was XXc/AU$, so we ...." You get the idea - I would have thought that it's a totally impractical way to do business.

The fact that they (Bintel and others) do actually alter their prices as rates drop seems to be well-received by all - but when they go back up again, which is out of their control somewhat - everyone thinks te worst of them.
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