the.S. Conflicts over currency can (and have) led to trade wars where import tariffs are imposed in response to artificially weak currency of major trading partners.
What is, strong Dollar?
On Thursday, Mnuchin said the comment was not a "shift in my position on the dollar at all. Economy has emerged from the. If a European luxury car costs 70,000 with an exchange rate.35 dollars per euro it will cost 94,500. Banks appetite for risk diminishes and their share prices suffer. Dollar as the de facto world reserve currency, a strong dollar helps keep its demand as a reserve high. Visitors from abroad will find the prices of goods and services in America more expensive with a stronger dollar.
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