ALD 1.81% $32.50 ampol limited

On the point of the Australian Dollar.To what degree is Caltex...

  1. 535 Posts.
    On the point of the Australian Dollar.

    To what degree is Caltex an exporter such that a high dollar hurts the bottom line ?

    Is not Caltex Australia recieving Oz dollars as revenue.

    If the Oz dollar is high does it not then have more buying power when it goes to buy crude ?

    I know it aint that simple so can someone enlighten me please.

 
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