2007-11-09 08:33:09 · 3 answers · asked by zachary c 1 in Politics & Government ➔ Law & Ethics
Bad for who?
The dollar is very weak against all foreign curency right now. That's bad for American tourists - things in foreign countries are way expensive - but good for American tourist locations - foreign tourists can afford to spend a lot here.
It's bad for Americans who want to buy imported goods, but good for Americans who want to export American made goods.
Richard
2007-11-09 08:39:44 · answer #1 · answered by rickinnocal 7 · 2⤊ 1⤋
It is also very good for people who receive pay cheques from Canada.
I wish it would stay this way for a while.
2007-11-09 16:45:56 · answer #2 · answered by Wyoming Rider 6 · 1⤊ 0⤋
It is not bad.
The dollar is still strong against Asian currency.
Toyota's profits are up because Japan's currency is getting weaker.
"Toyota up on weak yen "
http://investing.reuters.co.uk/investing/financeArticle.aspx?type=tnBusinessNews&storyID=2007-11-07T100010Z_01_WRI723352_RTRIDST_0_BUSINESS-TOYOTA-RESULTS-DC.XML
Toyota H1 opg profit hits record on strong overseas sales, *** weak yen ***
CNNMoney.com - Nov 7, 2007
'In addition, a ****weak yen ****and strenuous cost-cuts helped us absorb rising procurement costs,' Suzuki said.
http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-20792799.htm
2007-11-09 16:48:24 · answer #3 · answered by a bush family member 7 · 0⤊ 0⤋