Weaker Currency vs Stronger Currency (trade issues)

[AAA]

Benefits from Weaker Currency:
-tourists who want to visit the country of weaker currency
-business related tourists are benefited such as restaurants, hotels, shops where tourists go to buy. Higher sales more benefits
-exporters of that country who exports their less expensive items or products to overseas markets.
-the weaker currency has a positive impact on GDP. International trade represents a position of GDP

Hunted by Weaker Currency:
-Domestic consumers are paying substantially more for imported goods
-tourists of that country whose weaker currency
-Importers
-who do outward trade (OWT) processing
-Inflation may rise and therefore the interest of a the country
-the country image face danger in respect to FDI and others.

-

[Mostafa Zaman]

This is a very nice posting and has a very important message behind this one.....

[sonia_tex]

nice post..

[Suha]

Excellent post.

[bcdas]

Thanks Apu sir for thinking of our economy as well as social development

[Tanvir Ahmed Chowdhury]

Very good message. Thank you sir.

[baset]

Thank you sir for posting this topic.. :-