07-02-2012, 03:47 PM
RBA just announced today that it will keep aussie interest rate as it is, causing the aussie dollar to go up a notch...
New Toyo which owns Anzpac will stand to benefit from a gain in revenue due to a stronger aussie exchange rate
In fact, when New Toyo bought over Anzpac few years ago during the financial crisis, aussie was only $1 to Spore dollar. Today, it has surged to $1.34!!
New Toyo which owns Anzpac will stand to benefit from a gain in revenue due to a stronger aussie exchange rate
In fact, when New Toyo bought over Anzpac few years ago during the financial crisis, aussie was only $1 to Spore dollar. Today, it has surged to $1.34!!