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A$ slide would dent S'pore firms' profits

Balance sheet also faces risks if debt and cashflow currencies not aligned
Tuesday, October 7, 2014 - 05:50
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Battered by fears of slower China growth along with weak commodity prices, the Australian dollar slid dramatically against the Singapore dollar in September to lows not seen in more than five years - PHOTO: BLOOMBERG

[SINGAPORE] Battered by fears of slower China growth along with weak commodity prices, the Australian dollar slid dramatically against the Singapore dollar in September to lows not seen in more than five years.

Analysts expect one Australian dollar to trade at around S$1.10 or below in

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