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.

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.

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.
References in periodicals archive ?
Just as the Trump administration seeks to stem immigration, a weak dollar hurts firms abroad seeking to export into the U.
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.
When Mnuchin suggested Wednesday at a global economic forum in Davos, Switzerland, that a weak dollar would benefit the United States, the U.
Treasury Secretary Mnuchin disavowing weak dollar attribution, before rolling back over to session lows of 108.
A weak dollar makes dollar-priced metals cheaper for non-US investors.
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.
But in times of recession, are we better off with a weak dollar that stimulates US manufacturing by making our goods cheaper and more competitive?
7%, helped by the weak dollar, with records set for petrol, services and advance technology goods.
Summary: Oil prices rose more than 2 percent Tuesday on optimism that Greece can pass an unpopular austerity program as Europe fashions a solution to Athens' debt woes and also on lift from a weak dollar.