Tip of the Day
When the U.S. dollar is weak, here's how U.S. consumers are affected. Fewer bargains, as foreign-made goods imported to the country cost more. The cost to make the goods overseas is the same, so in order to maintain profit margins, companies may charge more in the U.S. dollars to make up for the weaker exchange rate with foreign currencies. (from November 2004)
Tags: forex
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