QBE 1.06% $17.12 qbe insurance group limited

I understand they are reporting in USD, so reported profits are...

  1. 453 Posts.
    lightbulb Created with Sketch. 2
    I understand they are reporting in USD, so reported profits are suppressed as the USD gains strength against other currencies. Thus when they talk about currency headwinds it is actually a positive to us AUD shareholders.
 
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