BLY 0.00% $2.91 boart longyear group ltd

earnings currency, page-6

  1. 1,057 Posts.
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    I think Boart is exposed to a range of currencies, and with operations outside Australia also has significant costs in US$ - not just earnings - so this would soften the impact of a weakening US dollar (compared to say Australian based exporters). The weakening US dollar is driving up commodity prices which will encourage capital investment in mining, exploration. Increased demand should result in new contracts and improved margins.
 
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