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Clive wrote:
Charles actually
In the Euro zone or not, there's no excuse for such a blatant con, or
are
Linux people (anoraks, nerds etc.) supposed to be totally detached from reality?
So should we change our quoted prices daily to reflect the current real exchange rate, or wouldn't we simply add a buffer and keep the UK pound price constant?
in this day and age a 20% "buffer" as you call it is a dangerous business strategy, it sounds like some 1970's recipe for business failure In my job (manufacturing, in the UK, which is tough, 85% turnover is exports) we buy foreign currency forward and can offer 12 months fixed rates, in the case of the Euro it's GBP 1.00 = Euro 1.611 maybe you can't do that but the Euro is not that volatile to need a 20% safety margin
Without the buffer it's 50/50 that we would actually loose money, or who can predict which way a currency goes?
YOU guys chose to stay out of the Euro ;-)
Yes, but look at the Euro - it's practically banana state currency, hardly the 21st century Dollar substitute It's a free market, you charge what you like, good luck
Michael
Charles