http://www.smh.com.au/business/strong-dollar-hurting-exporters-shares-20091028-hkrv.html?autostart=1
Strong dollar hurting exporters' shares
CHRIS ZAPPONE
October 29, 2009
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As the Australian dollar leaps from strength to strength, local companies are warning investors to expect a profit hit from unfavourable exchange rates.
In the past two months alone, the dollar rose 8.3 per cent against the greenback, and is already weighing on the shares of companies exposed to weaker overseas earnings.
Strong dollar hurting exporters' shares
CHRIS ZAPPONE
October 29, 2009
Ads by Google
US Dollar In 2010?
Will The US Dollar SkyrocketIn 2010? Free Report...
www.CurrencyRankings.com
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The dollar's high: get used to it
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As the Australian dollar leaps from strength to strength, local companies are warning investors to expect a profit hit from unfavourable exchange rates.
In the past two months alone, the dollar rose 8.3 per cent against the greenback, and is already weighing on the shares of companies exposed to weaker overseas earnings.
