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Post by trackrat on Jan 25, 2009 19:26:15 GMT -5
I'm under the impression that the earnings of standardbred horses that are imported from NZ and Australia are not included in the career earnings shown in American racing programs. Is that correct?
If that is so, why are Canadian earnings included?
A followup to that question: are Canadian earnings converted into American dollars?
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Post by thegiss on Jan 26, 2009 11:39:36 GMT -5
Canadian earning are converted and they adjust the conversion weekly. I believe this started a couple years ago. In the past Aussie and NZ dollars WERE included in earnings, not sure if that is true currently-- I wll contact the USTA and find out.
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Post by thegiss on Jan 26, 2009 11:55:50 GMT -5
From the USTA's Paul Ramlow:
Gis:
I have been told by the Webmaster/former RTS guru Ron Fabiano that we do track the foreign earnings in PATHWAY and they are shown in the program as part of the grand total of a horse’s lifetime earnings.
Canadian dollars have been converted to US dollars since 2002; the conversion rate originally was done on a periodic basis, but it is now done daily.
Down under earnings are converted to the rate at the time the horse was imported into North America.
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Post by trackrat on Jan 26, 2009 15:41:10 GMT -5
Thanks Giss. You are THE man!!!
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