Another Developer in Europe Frets Over the Sinking Dollar

Alastair Houghton:

Most normal people don’t really care about the exchange rates. Unfortunately, however, I’m running a software business from the United Kingdom, and a large proportion of my customers are in the United States. That makes my business extremely sensitive to the exchange rate; the difference in takings caused by exchange rate fluctuations can be literally thousands of pounds. I really can see the difference it’s making to my bottom line… my company has to sell up to 14% more in order to make the same money it was making this time last year!

Thursday, 30 November 2006