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DollarUp & Dollar Down

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Explain Dollar Up & Dollar Down. Who is this good for? Explain Euro vs Dollar. Explain the Rate Peg

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https://brainmass.com/economics/exchange-rates/dollarup-dollar-down-349442

Solution Preview

Dollar up means dollar has strengthened against other currency, such as Euro, Pound or any other currency of the world. In other words, dollar's value has gone up as compared to other currency. Dollar down means dollar has weakened against other currency or its value has decline against another currency.

Dollar down or weakening of the dollar is good for exporters of USA as importers in other countries find it cheaper to import from USA due to weakening of the dollar or ...

Solution Summary

This solution discusses dollar up and dollar down, euro vs dollar and the rate peg.

$2.19