Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

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.