At 16:17 28-01-2003 -0500, Jon Gabriel wrote:
Assuming for a moment that those are 1,600 *US* dollars, whoever wrote that article really needs to update his/her exchange rate tables.Veenema, who goes on trial next month, was quoted as saying he made thousands of people happy before his business turned sour. He claims he sold plots for around 1,500 euros ($1,600) each through the U.S.-based firm Lunar Embassy.
If 1,500 Euros equals 1,600 dollars, then a dollar would be worth 1,066 Euros; that *has* happened, but the last time it *did* happen was early June 2002; it's been going downhill ever since (although it has actually been going downhill longer than that). At the current exchange rate (1 : 0.92), 1,500 Euros equals roughly 1,380 dollars -- that is 220 dollars less than the article wants us to believe.
Just thought I'd mention that...
Jeroen "Casual Observations" van Baardwijk
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