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View Full Version : Macarthur Coal Reports A$68 Million Unrealized Currency Loss - Bloomberg



NewsWhore
10-21-2008, 11:50 PM
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Macarthur Coal Reports A$68 Million Unrealized Currency Loss (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaL8eMNXmj9DQ%26refer%3Daustralia&cid=0&ei=cKT-SNrTNKK-MpigiZAJ&usg=AFQjCNGAWvL7KnEF9GVSHxz1oDzHmcsYnA)
Bloomberg - 18 minutes ago
The Australian currency has fallen 30 percent since June, hurting companies like Macarthur Coal that fixed exchange rates on forward sales. ...


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