I think what you guys are talking about is known as "Beggar thy neighbour" policy, of a form of it: By lowering the value of the currency, a nation makes imports dearer and exports cheaper. Hence, stimulating domestic production while putting supply pressure on foreign production.
ARB produces in Thailand, a lower Baht makes input cost cheaper, giving ARB more bang for the buck. I am not sure if they manufacture in the US, but if not, if they only sell in the US, then a lower USD, i.e. a dearer AUD would not be good for ARB's bottom line.
Diesel Brothers and US growth, page-7
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Last
$40.33 |
Change
0.020(0.05%) |
Mkt cap ! $3.320B | |||
| Open | High | Low | Value | Volume |
| $40.09 | $40.33 | $39.46 | $4.074M | 101.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114 | $40.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.33 | 597 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ARB (ASX) Chart |