MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Investor Presentation, page-81

  1. 2,486 Posts.
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    Amazing .   a 10 % swing in the Brazillian Real equates to $30 million swing in either direction
    The Average exchange rate for Q4 2014 is 2.55 It is at the moment 2.9.
      A change of  13.7 % which is a $39 Million Dollar swing.

    http://www.investing.com/currencies/usd-brl-chart

    I wonder what happen when the US FED raises the US interest rate by July this year.
 
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