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Strong and Weak Currency: Who Benefits, Who is Hurt

Last updated 8 months ago
2 questions
What is a strong dollar?
• The value of the dollar rises compared to one or more other currencies
• More foreign currency is needed to purchase U.S. dollars
• The value of the dollar is appreciating

REMEMBER: A STRONG US DOLLAR MEANS OUR DOLLAR CAN BUY MORE FOREIGN CURRENCY!!!!
1

Strong US Dollar

  • US Consumers
  • US Importers
  • US Producers
  • US Exporters
  • Foreign Consumers
  • US Investors
  • Benefits from a Strong US Dollar
  • Hurt by a Strong US Dollar
What is a weak dollar?
• The value of the dollar falls compared to one or more currencies
• More U.S. dollars are necessary to purchase foreign currency
• The value of the dollar is depreciation

REMEMBER: A WEAK US DOLLAR MEANS OUR DOLLAR CAN BUY LESS FOREIGN CURRENCY!!!!
1

Weak US Dollar

  • Foreign Consumers
  • US Investors
  • US Importers
  • US Exporters
  • US Producers
  • US Consumers
  • Benefits from a Weak Dollar US Dollar
  • Hurt by a Weak US Dollar