what does a strong weak dollar mean? how can I see if its strong or weak?

Question

what does a strong weak dollar mean? how can I see if its strong or weak?

In: 150

Answer 1

“Strong” means that you can exchange a given number of dollars for a larger amount of a foreign currency; “weak” means that you get less of that foreign currency when exchanging dollars.

A weak dollar is generally better for exports because the goods will tend to be sold more cheaply abroad (the US product will be cheaper than competing products).