Weak Dollar

  • Updated on

The value of dollar fluctuates constantly as it is governed by supply and demand.

Describing a sustained period of time, a weak dollar denotes the decreasing value of the US currency relative to other currencies. Breaking down the concept, weak dollar means that a US dollar can be swapped for lesser amounts of a foreign currency. A weak dollar implies that imports are expensive, and exports are attractive.

Term of the day

Value Fund

What is a value fund? A value fund is a type of mutual fund that aims to invest in fundamentally strong stocks but are undervalued. The fund managers’ in......
[ Read More ]