That doesn't mean the exchange rates don't shift down in the process, though, and exports seem to be improving
because of the weaker dollar.
European luxury and sports cars sales have fallen off
because of the weak dollar, competition from the Japanese and other factors.
But then they said, «Why would a Cabinet member bring up the
idea of a weaker dollar when things are going so well?»
He told the Journal his remarks on Wednesday were a simple «statement of fact about the impact
of a weaker dollar in the short term.
Do the financial cheerleaders for a business - leader dominated Administration approve of the emerging
combination of weak dollar rhetoric from both the President and Treasury Secretary nominee along with strong dollar policy.
Sales held steady for 1992 but declined rapidly from 1993 to 1996 because of a shrinking market for sports coupes and because
of the weak dollar against the Japanese yen.
First, because
of a weaker dollar — but also due to: low U.S. interest rates; loose financial conditions; and greater margin of safety compared to valuations for most of the developed world.
For example, if the U.S. dollar falls against the Japanese yen, the real return to a U.S. dollar - based investor in a Japanese ADR will be greater than the return to a yen - based investor because
of the weaker dollar.