Many factors influence exchange rates and I think interest rate differentials have a much bigger impact than IO price . With the US rates likely to significantly exceed the AUS rates for the first time in many years, I think you may see a weak correlation between IO and AUD . Impossible to know but worth keeping an eye on it adds to the DCF value of KI and even IH for the next 3 quartets
Many factors influence exchange rates and I think interest rate...
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