Subscribe to Entrepreneur for $5
Subscribe

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.

By
Opinions expressed by Entrepreneur contributors are their own.

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.

theasis | Getty Images

The reasons for a weak dollar

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

3 months free with code ZENDESK

Presented by zendesk

3 months free with code ZENDESK