
Why Exchange Rates Matter
Friends That Invest
00:00
Is the Dollar Weak in Your Home Country?
Sonia: The most obvious impact for consumers when the dollar is weak in their own home country is that you'll just need to find that your money needs to stretch more. She says it's not all doom and gloom also online shopping if you're buying from UK based companies right now those prices are going to be a lot cheaper when you convert them back to your home country. Sonia: It depends on where those companies invest in for the everyday person it sounds terrible to say but it's kind of great if the value of another currency goes down because then tourists can go and visit other countries with lower exchange rates. If you want to hedge against inflation there are these things called hedged funds so
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