TSXV:HRE.H - Post by User
Comment by
Simon_Bondon Aug 19, 2013 11:38pm
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Post# 21682566
RE:RE:RE:RE:RE:Regarding bad stats on KG popular opinion
RE:RE:RE:RE:RE:Regarding bad stats on KG popular opinion
Hi Kettl With regards to the biz deal, will it cause your deal to have losses if the currency rate went against you? If it does then I suggest you should get the currency exchange rate insurance. In the 1997 Asian financial crisis many of the tiger economies in Asia had their currencies come under attack despite having good economic fundamentals. This caused many companies and individuals to have heavy losses as their borrowings were in US dollars ( of course those that did not have US Dollar borrowings were able to pick up assets for dirt cheap prices .....) Cheers Simon