I have noticed there have been a lot of changes in the Value of International Currency vs the USD.
Samsung a year ago was getting a huge currency advantage with the South Korean WON at 1453 vs $1.00. It has now fallen to 1125 as the USD continues to weaken.
The Canadian $1.00 is now slightly above the USD.
$1.00 USD has fallen from 98 Yen to 90 Yen over the last year.
Some MFP vendors will soon be forced to soon raise prices simply because of current unfavorable currency valuations. It is not uncommon for National Copier Manufacturers to strike a deal with their foreign HQ twice a year to fix currency rates for the next six months. That negotiation usually occurs around now with a weak USD and again in Sept.
Here's another:
The Chinese YUAN has only marginally changed in the last 12 months compared to the USD.
I have read on CNBC that this could be as much a result of Chinese Govt manipulating their currency on the world market to be undervalued to encourage exports.
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