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Mailbag: Commercial Real Estate, Personal Finance, and International Investing
Motley Fool Money
The Importance of Exchange Rates
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The Australian dollar weakens against the US dollar is now a good time to be stocking up on US shares. Share prices tend to go up over time as companies make more profit. Exchange rate and it's implied by the name is a measure of the exchange the difference in value. The closer the exchange rate is to the average the less I care about it, says Scott Phillips.
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