Respuesta :
The foreign exchange market trades the monetary money of different countries. The weak currency can be beneficial as the export sales will increase.
What is an export?
Export in trade and business means to sale the services, commodities, and goods to another foreign country. The country that buys or purchases these goods is called importers.
A weak currency price in a country increases the export of the goods as they are less expensive for the importers compared to the goods and services purchased at higher currency rates.
Therefore, a weak currency boosts the export rate.
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