nzlegend 1 Posted June 2, 2003 Share Posted June 2, 2003 Just got my daily email from Lloyds Bank! THe NZ dollar just cracked 70yen!!!! OMG!! its tragic! Link to post Share on other sites
jared 0 Posted June 2, 2003 Share Posted June 2, 2003 and its just about time for the nz government to demand some money for my student loan - bad timing. I just hope the exporters in nz all go broke and the dollar collapses soon. hope this dosent last too long. Link to post Share on other sites
Wizz 11 Posted June 2, 2003 Share Posted June 2, 2003 You daily email from Lloyds bank! Link to post Share on other sites
mikazooki 0 Posted June 2, 2003 Share Posted June 2, 2003 oh shit...and the reserve bank of australia puts the AUS$ at 77 yen. this is indeed troubling news. we must act and act as one to undermine our local currencies for the good of our japanese bank accounts. ok, so, whats the plan? Link to post Share on other sites
Davo 1 Posted June 2, 2003 Share Posted June 2, 2003 Yeah just when I started earning some money to send back as well. Also the politicians are keen to talk down the yen for the sake of exporters at the moment. GRRRRRR Link to post Share on other sites
zwelgen 0 Posted June 3, 2003 Share Posted June 3, 2003 Yeah its heart breaking, esp when youve got 6 months of savings in the bank "waiting for the exchange rate to get better" but it just keeps getting worse and worse. On the other hand US$ arent too bad. Maybe Ill move there instead! Gutting though, seriously gutting. What was 10 grand in my first year is now 7. " title="" src="graemlins/cry.gif" /> Link to post Share on other sites
LiquidX 0 Posted June 3, 2003 Share Posted June 3, 2003 I really feel for you there, that's awful. Link to post Share on other sites
ninjaB 0 Posted June 3, 2003 Share Posted June 3, 2003 Down over 30%? " title="" src="graemlins/cry.gif" /> " title="" src="graemlins/cry.gif" /> Link to post Share on other sites
nzlegend 1 Posted June 3, 2003 Author Share Posted June 3, 2003 Worse! its gone from a low of 44yen in Oct 2000 to 70yen now!. I did 45 days straight back then and pulled $4800NZ dollars in overtime!!!for 2 months (12 days of O/T -$400=1day) Man I was "gatesing" it then Link to post Share on other sites
damian 0 Posted June 3, 2003 Share Posted June 3, 2003 Quote: Originally posted by zwelgen: "waiting for the exchange rate to get better" but it just keeps getting worse and worse. Never be afraid to buy what is high. I bought every AUD I could afford back in April03 at 73. This was as high as AUDJPY had been since Sep99. Not a gloat, just an example of how 'higher than the recent past' is not a reason not to buy..... (but in the short term it can be). Link to post Share on other sites
enderzero 0 Posted June 3, 2003 Share Posted June 3, 2003 This isn't your turtle forum man (just though you might have been confused) Link to post Share on other sites
Fattwins 0 Posted June 3, 2003 Share Posted June 3, 2003 Teh cnd dollar is the same wway but I got tons of money in my Canadain bank for just this reason. Link to post Share on other sites
mogski 0 Posted June 3, 2003 Share Posted June 3, 2003 Be like me and have no money and then things like this don't bug you. Link to post Share on other sites
indosnm 0 Posted June 6, 2003 Share Posted June 6, 2003 sent a stack beck in 2000 when AUD bottomed out at around 55. still sitting in Oz coming back soon in a much healthier sum! Link to post Share on other sites
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