weak dollar

Weak dollar

A depreciated dollar with respect to other currencies, meaning that more dollars are needed to buy a unit of foreign currency. Antithesis of strong dollar.

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weak dollar

A dollar that is of smaller value relative to foreign currencies. A weak dollar exchanges for fewer units of other currencies compared with the units for which it could have been exchanged in the past. A weak dollar tends to help U.S. firms that rely heavily on foreign sales because the firms' products will cost less in terms of the foreign currencies. A weak dollar hurts consumers of foreign goods because these goods cost more in terms of U.S. dollars. Compare strong dollar. See also exchange rate.