Business

For US businesses, a strong US dollar cuts both ways


The strong US dollar is cutting both ways for companies globally.

The dollar’s appreciation has caught the attention of investors, with many considering its impact on the company’s revenue. A strong dollar can have adverse effects on U.S. corporations that sell goods abroad, hurting exports by making those products less affordable. On the other hand, overseas companies and manufacturers benefit from a relatively weaker local currency.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button