New Toyo Gains from Strong Aussie Dollar

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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 Smile

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!!
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