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Valve Updates Steam's Regional Pricing System to Reduce the Gap With US Dollar Prices
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Valve has rolled out an update to Steam's regional pricing system aimed at closing the gap between game prices in the United States and other countries.
Valve has rolled out an update to Steam's regional pricing system aimed at closing the gap between game prices in the United States and other countries.
Valve has announced an update to Steam's regional pricing infrastructure, directly addressing long-standing criticism about unfair price disparities between the United States and international markets. In a post on the Steamworks blog, the company confirmed improvements to its regional conversion data and the introduction of two new pricing conversion methods for developers, covering 35 currencies across 4 global region groups.
The issue had been building for some time: players in countries such as Poland and Argentina had increasingly pointed out that game prices in their local currencies were often 20–30% higher than the equivalent USD amount when converted at the current exchange rate. The backlash prompted several developers to take matters into their own hands — Embark Studios (Arc Raiders) lowered prices in ten countries, while JRPG publisher Nihon Falcom manually updated regional pricing on select Trails in the Sky entries. With this update, Valve is now tackling the structural root of the problem directly at the platform level, giving deve