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cliffvb

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cliffvb

Re: DigiTech post# 23793

Tuesday, 09/27/2005 8:24:26 PM

Tuesday, September 27, 2005 8:24:26 PM

Post# of 173805
Exchange rate: In the case of CFK, they sell their products in Canada but I believe they buy many of their inventories from USA companies. Question is, would that be a net positive, negative or neutral as the US dollar drops vs the Canadian$?

Off the top of my head, it seems that since it now takes fewer canadian dollars to buy american products, it would also have an overall positive effect, at least assuming that their sales prices remain constant in Canadian $$.
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