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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
on foreign funding may be misplaced, RBA Assistant Governor Guy Debelle
suggested Tuesday as foreign currency denominated funding are fully
hedged in to Australian dollars. So liquidity issues are in Aussie which
the RBA can provide through a temporary facility in a crisis, he said in
a speech.."
so what will happen to these hedges if the loans go bad?.. unthinkable!