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by jrockway
5104 days ago
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Actually, 250AUD is pretty much exactly 250USD. But remember, FX rates are spot rates, they don't take into account the FX risk incurred by holding money over time in the foreign currency. So it makes sense to for a US company to charge a premium to customers using a different currency. (Note the forward prices vs. spot for AUDUSD here: http://fx.sauder.ubc.ca/closing.html) Besides, by the time you pay for shipping and tax in New York, the $199 tablet is $232! |
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Anyway, I think the kids will be pretty happy.