The Canadian dollar rose above the US dollar for the second day in a row. What does this mean for Barbados?
A friend wrote us…
“What this means for us is, that as the value of the US dollar sinks, so too does our currency, which then pushes up the cost of our imports. So that our prices will continue to climb.”
That’s true, but might it be better for our business dealings with Canadians and Europeans? At least perhaps for our tourist sector?
As Pull! Push! says… I ain’t no econamister!
What do you think, folks?