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How is the weak and strong dollar determined vs other world currency? I am confused about the concept.?


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One Response to “How is the weak and strong dollar determined vs other world currency? I am confused about the concept.?”

  1. Currency is traded all across the globe between nations and people. The rate at which the US dollar is traded compared to other currencies is important in the conditions or trends of our own economy. If others want to pay less for it and it trades for less value, our products and goods sold overseas will thrive since they cost less But in return our businesses and capital here also costs less making us more susceptible to foreign buyouts.

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