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Strong Aussie dollar continues to hurt exporters |
June 15, 2012
Despite its weaker performance in recent weeks, the high Aussie dollar is having a marked and sustained impact on exporters, with over three-quarters (80 per cent) revealing they struggle to remain competitive when the dollar rises above $US 0.91, according to the latest Commonwealth Bank Aussie Dollar Barometer.
1888PressRelease - The Aussie Dollar Barometer tracks importers’ and exporters’ exposure to the Australian dollar, their expectations for trading levels, and hedging plans for managing foreign exchange risk.
Exporter [...]
http://www.1888pressrelease.com/strong-aussie-dollar-continues-to-hurt-exporters-pr-403502.html
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