Exchange rate impact on economy

E

erasmus

Is a strong currency "better" for a particular economy? Obviously, good for consumers and importers but worse for exporters - but, overall, can we say there is either a positive or negative effect on the overall economy?

I was wondering if anyone had any ideas on this or links to information discussing the nature of the state of the exchange rate and the health of the economy.
 
the dollar may be weak as hell against other currencies, but it doesn't stop people from buying things here....
 
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