How does a low Australian dollar affect the share market
A low Australian dollar (AUD) can affect the share market in several ways: Exporters Benefit Companies that export goods and services from Australia may see increased competitiveness and profitability when the AUD is low. This is because their products become cheaper for foreign buyers when priced in other currencies, potentially leading to higher revenues and stock prices for these companies. Importers Face Challenges Conversely, companies that rely heavily on imports may face increased costs when purchasing goods and materials from …
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