Weak Dollar
Updated on 2023-08-29T11:57:09.061541Z
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.