Recent judgements pertaining to Income Tax and Goods and Service Tax, Investment Terminology and other related & unrelated articles from various sources. Disclaimer: The content is for general information only and is not intended to be advice on any particular matter. Readers should seek appropriate professional advice before acting on basis of the said information.
Stocks
24 November 2010
Weak Dollar
Dollar that can be exchanged for only a small or decreasing amount of foreign currency. A weak dollar means that the U.S. dollar cannot buy very much of another currency. The strength of the dollar has an impact on imports and exports because goods and services from a foreign nation are usually purchased in the currency of the producing nation. A weak dollar usually leads to high exports and low imports. opposite of strong dollar.
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