how will i counter my supplier because of exchange rate issue? 1GBP=1.97USD makes increases on purchase price?

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how will i counter my supplier because of exchange rate issue? 1GBP=1.97USD makes increases on purchase price?

This makes me crazy because i cannot negotiate better pricing today because of exchange rate issues. current price is $0.0285 now 0.0315

2007-02-27 16:36:38 · 2 answers · asked by MJ 1 in Business & Finance ➔ Corporations

They are already the most competitive supplier but of course we dont want price increases...i am studying the exhange rate from 2005 but its reaaly becoming that dollar is becoming stronger and GBP becoming weaker. We are paying them in dollars but their money becoming weaker.

2007-02-27 19:04:57 · update #1

2 answers

Wait until the exchange rate goes down or find another closer or local supplier.

2007-02-27 16:39:00 · answer #1 · answered by annazzz1966 6 · 0⤊ 0⤋

gimme more details.. and get your answer

2007-02-28 00:43:13 · answer #2 · answered by isaako17 1 · 0⤊ 0⤋