looking to get back into trading, page-19

  1. 14,217 Posts.
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    "The lower our dollar the more dollars we recieve DYOR Cheers Towie
    example
    oil is US$100
    wpl sells some australian oil overseas
    the A$ rises against the US$
    from 80c to $1
    before the exchange rate we would have got A$80
    now we get at A$1 for US$1 we get A$100
    Profits have risen by A$20
    Is that right?
 
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