the article doesn't tell us anything we don't know. The...

the article doesn't tell us anything we don't know. The Australian banks calculates all their exposure in aud and this is effected by fx movements. I know for a fact that the aud has caused a lot (and i mean alot!) of customer concentration limits to be breached. This breach does not impact on the clients (ie centro) who has already fully utilized their facility. Only impact on clients with uncommitted forign currency facilities which is not fully utilized.