GREY:LACHF - Post by User
Comment by
dollpartzon Jun 22, 2010 12:48pm
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Post# 17210845
RE: High cash costs due to exchange rate
RE: High cash costs due to exchange rateIn May, the exchange rate dropped dramatically from .93 to .82. Although in the last two weeks it has since made up half that drop. I've read various reasons for it, but it seemed to be tied in with the drop in commodity prices. Canadian dollar behaved similarly.