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Laos forum

USD at 5 year low against LAK

Posted by daawgon on 11/11/2010 at 02:22

Today the USD is at 7,980LAK and declining - a 5 year low. Funny thing is that it's just the opposite in Vietnam - almost a 5 year high at 19,495VND.

Please stop the printing press, USA!

#1 daawgon has been a member since 17/4/2007. Posts: 1,113

Posted by 5acrefarmer on 11/11/2010 at 05:42

Australian Dollar at a 25 year high against the US$. Makes me happy as I head off OS soon. The US$ is sick and I think the Euro has fallen as well.

The Australian economy is very strong and we barely noticed that recession a year or so ago. I never noticed it at all. Now I guess our reward is a healthy currency.

#2 5acrefarmer has been a member since 10/6/2009. Location: Australia. Posts: 61
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