Counting dollars at Macquarie

Without the help of a falling Aussie dollar, Macquarie might struggle to grow, but a lower share price helps to make up for that.

If asked which Australian company had benefitted most from the decline in the Aussie dollar, you’d probably think of the likes of ResMed, Cochlear and Computershare. But even these companies, with 90% plus of their revenues coming from overseas, would be hard-pressed to better Macquarie Group.

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