NJ5 on 09 December 2008
@heruamon:
Say you were making $1 profit on each $100 of revenue. Suddenly you start receiving $80 for the same products (replace $ with your favorite currency). Where do your margins go?
Profit margins and currency fluctuations go hand in hand as EaglesEye379 said.
PS: Yes, I know there are mitigating factors in that some expenses are paid in $/€ too, but still...
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