not sure how it relates to CMR, but Kloppers has said that every cent the $A falls adds 80 million to BHP's bottom line! US$ revenue against lower A$ costs. The 36 cents fall gives between 2.5 and 3 billion extra on the bottom line. They will single handly cover the budget surplus! Got to love them.
So there is a positive side to some of this. But on the negative side, I guess CMR loans are probably $US.
