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Go Back PokerForums.org > General > General Poker Discussion > The sucky $ exchange rate

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Old 05-17-2006, 11:07 AM
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Default The sucky $ exchange rate

Since the dollar is now going to fall further and further in value compared to the rest of the world due to them hitting a wall where they can no longer increase interest rates (so i hear). Do you think more foreigners will be throwing there money about on the poker sites since its cheaper for them to do so?
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Old 05-17-2006, 01:21 PM
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not this foreigner.. most of my br is $
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Old 05-17-2006, 01:31 PM
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Quote:
Originally Posted by Fools-Gold
Since the dollar is now going to fall further and further in value compared to the rest of the world due to them hitting a wall where they can no longer increase interest rates (so i hear). Do you think more foreigners will be throwing there money about on the poker sites since its cheaper for them to do so?
Not for me... I try to keep most of my bankroll in CAN$. I transfer $$$ in CAN anytime I can.

KJ
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Old 05-17-2006, 02:46 PM
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would advice all non americans to cash out NOW
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Old 05-18-2006, 01:10 AM
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Quote:
Originally Posted by Fools-Gold
would advice all non americans to cash out NOW
I take it you mean non american players that have had their deposits converted to dollars?

I play on tribeca (vc) and they hold your balance in sterling and then convert it to dollars depending on the exchange rate. So my balance in sterling stays constant, but the number of dollars I get to play with changes depending on the ER.
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Old 05-18-2006, 01:32 AM
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it would be awfully nice if you chaps sorted out your economy.... Mar, Be... get it done will you?
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Old 05-18-2006, 02:01 AM
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Remember Deme, we only have a stable economy because we have communist things like a welfare state.
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Old 05-18-2006, 03:16 AM
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This is so true. My hourly average has dropped significantly over the past 6 months due to the decreasing value of the dollar. I would also appreciate it if you sorted things out. We could do with the exchange rate around 1.6 - 1 again.
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Old 05-18-2006, 05:14 AM
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Quote:
Originally Posted by xxdemexx
it would be awfully nice if you chaps sorted out your economy.... Mar, Be... get it done will you?


Gotta love the media. The American economy is as strong now as it has been the past 15 years. Low unemployment, relatively stable inflation, low interest rates. What more do you want?
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Old 05-18-2006, 05:27 AM
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We want the dollar to be stronger relative to the pound. That's all!
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