Debt in USD

[Frodo]

I have been following the woes of Bluescope steel recently.

A big impact on it's balance sheet is debt in US dollars. Due to the fall in the A$, a A$1b debt taken six months ago in USD, is now a A$1.4b debt.

BSL are not only ones in that boat.

 

[Ghostwriter]

Thats why the Reserve bank has been buying AUD when it gets to 60 cents, the aussie fell 2 percent today, we're on the edge of a precipice...again.

 

[Kenny_01]

USD will come crashing back down within 18 months. The surge in the USD is a correction and temporary.

 

[r dub 19]

i've always been a big fan of bluescope. seems they took over that american company at the wrong time. When do you guys rekon would be a good time to buy them?