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View Full Version : Fortescue Benefiting From Australian Dollar Drop (Update1) - Bloomberg



NewsWhore
10-12-2008, 11:10 PM
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Fortescue Benefiting From Australian Dollar Drop (Update1) (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaP.c1Nv.Tguw%26refer%3Daustralia&cid=1257021121&ei=Zb3ySOzeN4Gi9gTSxZjGBw&usg=AFQjCNEPYI2thUb2hADDQAsyzv7uKfverQ)
Bloomberg - 36 minutes ago
A falling Australian dollar, which has declined 17 percent in this quarter, helps companies who have costs in the local currency and earn revenue in dollars ...


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