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Foreign Exchange Transactions

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Foreign Exchange Transactions

Postby HowNow » Tue Feb 23, 2010 2:26 pm

What is the effect of the value of the Australian dollar falling in terms of value against the us dollar when determining the cost of funds borrowed from America?
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Re: Foreign Exchange Transactions

Postby Creinin » Wed Feb 24, 2010 11:33 pm

You have to pay more because you borrow funds in US dollars
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Re: Foreign Exchange Transactions

Postby ethanwhite » Wed Apr 21, 2010 3:51 am

As per my knowledge Australian dollar had fallen almost 1/3 compare to US dollar. That means the Australian Dollar has become weaken comparatively. All you have to do is to pay the negative amount.
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