Have you guys actually been noting what the exchange rate has done over the past nine months?
At an exchange rate of 0.82 to the USD, a US$15,000 bike is worth NZ$18,300 (approx).
At an exchange rate of 0.57 to the USD, a US$15,000 bike is worth NZ$26,300 (approx).
I doubt the wholesalers are going to trim their margins much, so these $500 or so upward movements are just the beginning of what will be considerable upward movements. Ye cannae change the laws of physics, Jim.
"Standing on your mother's corpse you told me that you'd wait forever." [Bryan Adams: Summer of 69]
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