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I think there was a lot of support from the business community (who have quite a bit of influence) for stable exchange rates.

I know in our business we're definitely vulnerable on our exporting to exchange rates - and hedging/insurance on that kind of risk only works if you're in a high profit industry. Otherwise by the time you're finished insuring against currency risk, you're already in the red.

by Metatone (metatone [a|t] gmail (dot) com) on Tue Jul 17th, 2012 at 07:52:37 AM EST
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