Weak dollar hurts seller of Scottish Goods

[BLAZN]

This is a great example of muddled thinking of the kind common among American journalists. What affects the cost of goods imported from the UK is not the US$/Euro rate but the US$/GBP rate which, between the mid-80's and the mid-90's floated around US$1.86/GBP. Anything from the UK which cost US$350 when the exchange rate was US$1.86/GBP should now cost US$371 barring other influences than the exchange rate.

But of course errare humanum est.

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I recall that when I was in Scotland back in late 2000, I had to shell out about $1.60 per Pound Sterling.

Back in August of '06, I was in France (which was still on the Frank last time I had been there in 2000), where the Euro was costing me $1.30 each.

Sadly, I'll soon be traveling to far away lands once again (Panama, I do believe), which has me dreading the amount of US funds I'm going to need to have a halfway decent time.