When Cheap Dollars Help U.S. Exporters, And When They Don't
There's no doubt that the dollar drop has a bright side for some U.S. exporters, and a low dollar may increase exports ("The buck stops where?," International Business, Sept. 7). True--as long as it's stable and reflects the true value of a currency. An undervalued and highly fluctuating dollar, as we have had in the past two years, just creates confusion and is not a healthy base for the export of U.S. products.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.