Question Details

	Username: Andrew Rating: Asked to: Anton Luyten Date Created: 20 Feb 2017
Category	17
Tag	Financial
Question	Please give the definition of 'Weak Dollar'.

Advice from Guru

Hello Andrew,

A situation where the U.S. dollar's value is decreasing relative to one or a basket of foreign currencies. Essentially, a weak dollar means that a U.S. dollar can exchange for fewer amounts of foreign currency. The dollar may weaken due to changes in the interest rate and outlook on the U.S. economy's future.

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