Can a weakening currency hurt Multi National Corporations?

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Can a weakening currency hurt Multi National Corporations?

2006-09-29 08:56:19 · 2 answers · asked by CollegeBoy00 2 in Business & Finance ➔ Other - Business & Finance

explain

2006-09-29 09:11:56 · update #1

2 answers

Depends...

If you're say IBM and the US dollar is weakening, it will actually help you in your earnings.

But let's say you're SAP and the US dollar is weakening, it will hurt you in the earnings.

2006-09-29 09:08:20 · answer #1 · answered by feanor 7 · 0⤊ 0⤋

yes, absolutley. it takes more weak currency to by the same products in a foreign currecy

2006-09-29 09:04:02 · answer #2 · answered by forjj 5 · 0⤊ 0⤋