borrowings, page-3

"(The funding shortfall has arisen as a result of the rapid rise of the dollar."


For the life of me, I can't understand as to how, when the Aussie dollar is going up, the costs are going up. IMO it should be the other way around. For, if we import, any imported products/goods will cost us less, not more. And anything that we get made in Aussie will have to cost the same.

The only thing that would make a difference would be if we are to export something where our revenues that are to be exchanged back to our $AUD currency will be diminished. But as we are not exporting as yet, that shouldn't apply to us.

DYOR.

Buddy134