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That PlayStation Vita price cut isn’t coming to North America

That PlayStation Vita price cut isn’t coming to North America

Sony won't bring the Vita's Japanese price cut to the States because of the exchange rate.

PlayStation Vita

Price cuts are only for countries with good little boys and girls … and decent exchange rates.

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Sony Worldwide Studios president Shuhei Yoshida revealed that the PlayStation Vita won’t receive a price cut in North America, according to Polygon. Yoshida cited the current exchange rate between the Japanese yen and U.S. dollar, which currently sits at 93.17 yen for every $1, as the reason Sony won’t drop the price on this continent.

Many gamers were expecting Sony to announce a $50 slash to the Vita’s price at its event yesterday, where the company introduced the PlayStation 4. Earlier in the week, Sony Computer Entertainment Japan lowered the price from 24,980 yen ($268) to 19,980 yen ($214).

A PlayStation Vita currently costs $249.99 in the U.S. A $50 cut would put the system at $199.99, which only earns Sony 18,633 yen.