the article doesn't tell us anything we don't know. The Australian banks calculates all their exposure in aud and this is effected by fx movements. I know for a fact that the aud has caused a lot (and i mean alot!) of customer concentration limits to be breached. This breach does not impact on the clients (ie centro) who has already fully utilized their facility. Only impact on clients with uncommitted forign currency facilities which is not fully utilized.
- Forums
- ASX - By Stock
- CNP
- bussiness spectator 'centro debt explodes'
bussiness spectator 'centro debt explodes', page-11
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)