Aussie $ lower than SGD!

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9 years 3 months ago #22353 by zane
Australian dollar falls below S$1 for the first time since 2009

Hurt by slowing global demand for the country's commodities in recent months, the Australian dollar fell below the Singapore dollar for the first time since 2009 on Monday.

www.channelnewsasia.com/news/business/au...r-falls/2010162.html

What about companies that derive earnings from Australia? Will get affected by forex loss.

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