The USD is becoming Cheaper!

@cashnono (1135)
Hong Kong
January 24, 2007 10:32pm CST
Before I need to spend 8.2HKD to get one US$, BUT now I can get one just by 7.9HKD. The US$ is cheaper now!
2 people like this
5 responses
@findcutegj (1466)
• India
25 Jan 07
A weak US dollar means that the goods become cheaper and this hopeful yields more exports. It also makes imports more expensive and hopefully reducing imports. With more things made in the US that should mean more jobs across the globe. Isnt it?
2 people like this
@cashnono (1135)
• Hong Kong
25 Jan 07
More jobs? How comes?
• Canada
7 Feb 07
Well, I'm Canadian, and I remember a time when 1$ canadian was worth 1.25$ American.. now it's a little different. Now.. 1$ Canadian is only worth about 0.87$ American.. so, to me, the american dollar isn't getting that much weaker. Besides, it's a bad thing.. economics all over the world is based on the worth of the American dollar, you don't want it to go down.
1 person likes this
@cashnono (1135)
• Hong Kong
8 Feb 07
OH, really, I just compared US$ to HK$.
• United States
8 Feb 07
I know it. It is so sad. It used to be worth the most money, now it is becoming cheaper and cheaper by the day. Sad how our government works. THANKS! :(
@moreinfo (3867)
• China
7 Feb 07
yeah, the darn thing is that renminbi, the local currency here has been always facing revalutation! now 7.75 yuan for $1 now!
@Lydia1901 (16354)
• United States
30 Jan 07
Well, I suppose that is a nice thing for you since you save a little bit of money.