In Reply to: So sad...but So True posted by SSV on Sunday, 19. October 2008 at 09:16 Bali Time:
oil, gold,wheat,rice,rubber, coffee and sugar just to name a few, so it's not only your Bali hotel room quoted this way. What many people don't understand is that tourism is an export business in that it brings in overseas funds so rooms are quoted in USD or Euro's.
There was no squawking about how expensive it was for tourists to go to Australia when you hit 98c - only how cheap Bali was.
Just watch your imported goods go up in price over the next month or so, but also watch the faces of your farmers and other exporters, which naturally includes your tourist industry too, and look at their happier faces. The strong Aust dollar has been slowly strangling them to death.