Tag Archives: “currency”
Value of the Dollar Keeps Falling
Tuesday, June 12, 2007 Comments
This is great for exporters because basically they charge more in dollars for the same amount of goods or services as before. For example, I often work with international clients (Australia, UK, Canada) and with the value of the dollar falling, a client in say Australia could pay me the same amount in AUD as before but for me, this would be a higher value in USD. Alternatively, I can continue to charge the same price in USD and for international clients, it would seem like my prices are coming down so they are getting more value. Either way it’s generally a good thing for exporters and bad for importers, domestically speaking.
