SAR 0.00% $4.69 saracen mineral holdings limited

Super Pit ... Super Smart ???, page-132

  1. 1,058 Posts.
    lightbulb Created with Sketch. 129
    Hi AverageJoe, of course anything can happen but I think AUD was in parity with USD for a number of reasons. One, our interest rates were very high comparing USA, this is no longer the case. Two, we had strong economy after Howard era and very little borrowings which IMO underpinned strength in AUD. Thirdly China had a lot of cash and was stimulating their economy which was good for our commodity exports.

    Just my thoughts. Happy to be corrected.

    This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.
 
watchlist Created with Sketch. Add SAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.