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
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$41.32 |
Change
-0.600(1.43%) |
Mkt cap ! $3.401B | |||
| Open | High | Low | Value | Volume |
| $41.92 | $41.95 | $41.06 | $4.443M | 107.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 486 | $41.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.32 | 207 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ARB (ASX) Chart |