How a Strong vs. Weak Dollar Impacts U.S. Businesses
Running a business is a constant juggling act, one that is further tested by an ever-shifting economic landscape.
Whether we’re in a booming economy or facing a recession, finance experts always relate what is happening to the strength of the dollar. A weak dollar impacts our buying position, as we are forced to pay more for the same imported product. This is particularly important for U.S. businesses who need to source components in Euros or other currencies. This can be a complex issue to understand, so here we’ll delve into the topic a little further and explain how a strong versus weak dollar affects U.S. businesses.
The reasons for a weak dollar
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