Re:Japan's Nikkei surpasses 1989 all-time high
by jessekv on Thursday February 22, 2024 @04:13AM
(#39464871)
I read their comment differently than you did. I think the point they are making about exchange rates goes like this:
The dollar amount in CAD was normally higher than the equivalent in USD. For example, next to the bar code on the back of a paperback, it would list the prices as $15 USD or $20 CAD. Many other goods have similar price differences.
Lately in the US it seems like a lot of prices are increasing to the same number value, despite the exchange rate.
The dollar amount in CAD was normally higher than the equivalent in USD. For example, next to the bar code on the back of a paperback, it would list the prices as $15 USD or $20 CAD. Many other goods have similar price differences.
Lately in the US it seems like a lot of prices are increasing to the same number value, despite the exchange rate.