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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Weak Dollar

The U.S. dollar when it is worth less relative to other currencies. Because the dollar is a floating currency, its value varies according to market trends. When one dollar trades for fewer units of one or more other currencies, it is known as a weak dollar. See also: Strong dollar, Exchange rate.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Gold inched lower on Friday, having posted its biggest daily decline in two weeks in the previous session, as the impact of a weak dollar was offset by gains on Wall Street.
Just as the Trump administration seeks to stem immigration, a weak dollar hurts firms abroad seeking to export into the U.S.
In world markets, oil prices were stable in trading yesterday due to strong deman and weak dollar, including OPEC continued commitment to reduce production.
Treasury Secretary Steven Mnuchin said that a weak dollar was good for trade, while the Trump said the US "is becoming so economically strong again - and strong in other ways too, by the way - that the dollar is going to get stronger and stronger."
The dollar was weak following the US Treasury Secretary hailing a 'weak dollar' at the World Economic Forum in Davos.
The dollar saw its worst day since March 2016, after Treasury Secretary Steven Mnuchin said a weak dollar would help US trade.
When Mnuchin suggested Wednesday at a global economic forum in Davos, Switzerland, that a weak dollar would benefit the United States, the U.S.
Treasury Secretary Mnuchin disavowing weak dollar attribution, before rolling back over to session lows of 108.62 on the Kuroda scree earlier.
However, despite low inflation and weak dollar the resistance level of $1,300 is firm for now as expected US Fed rate hike and profit taking may keep gold from breaching the barrier this year.
However, continued capital inflows and weak dollar overseas restricted the rupee fall to some extent, a forex dealer said.
Crude oil prices rebounded on Tuesday thanks to a weak dollar, as the political paralysis in Washington over the US budget showed no sign of ending.