brute said:
Actually it is the other way around, during Avatar's run it was more favorable (as in the dollar being a lot weaker than the EU), now it is almost tied which will result in less dollar profits. If memory serves me right, during Avatar's run, 1EU=~1.40$ so that meant 1 billion euros would translate into 1.4 billion dollars, while right now 1EU=~1.10$ which would mean 1 billion euros would equal around 1.1 billion dollars, a loss of $300 million. |
Yeah...shit.