Sorry I may not have clearly expressed what I meant. Of course - from a month ago - it is more favourable.
However, I was thinking in terms of comparison to previous financial years, noting I do not have visibility of supplier payment terms or any hedging that might apply. If the exchange rate stays at around these levels, or worsens, it is going to further impact the comps. Do you not agree?
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$1.17 |
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| $1.15 | $1.17 | $1.14 | $136.5K | 119.1K |
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