"now the bank needs more AUD to pay back the USD"
No way
While I think the banks are complete idiots for lending at 100% LTV ratios, they're not stupid enough to borrow in USD or Yen to lend in AUD without hedging the exchange rate risk.
- Forums
- Property
- keens ridiculous scenario
keens ridiculous scenario, page-20
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online