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volatile. However, it's important for Australian investors to understand that the value of the Australian dollar can impact their global investments. When buying stocks listed in Australia, the value is in Australian dollars. But when buying stocks listed overseas, such as Apple in US dollars, investors are exposed to two assets - the stock itself and the US dollar. This can affect returns, even if not directly holding currency. It's crucial to be aware of currency fluctuations and their impact on investment portfolios.
