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Feb 29, 2004

Currency effect

In his first column, our very own insider seeks to enlighten IROs about what the Street wants

While currency moves aren’t a big deal for some companies, they do influence the value of others – namely importers, exporters and firms that trade American depository receipts (ADRs). Yet, for some reason, IROs I talk to don’t mention the influence currency moves have on their company’s share price. And this is very surprising – because the recent weakening of the US dollar is certainly having a direct effect on some stocks’ performance.Today, the US dollar

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