Explainer: how the Australian dollar affects the results of companies
- Written by Dirk Baur, Professor of Finance, University of Western Australia
Some companies are really affected by foreign exchange markets.Like any other major currency, the Australian dollar (AUD) plays a crucial role in the economic and financial system. Exports and imports, domestic and international investors are all affected by, and react to, exchange rate fluctuations. One way to see this in action is by looking at...
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