The strong dollar is weighing down companies ✔️ Bastion Balance Seoul Korea

July 19, 2022
Posted by: Bastion team
Category: World News

The Treasury Department building in Washington on Feb. 20, 2021. The value of the U.S. dollar is the strongest it has been in a generation, affecting both foreign and domestic companies. (NYT Photo: Haiyun Jiang)

By: New York Times, Karl Russell, Joe Rennison and Jason Karaian

July 18, 2022
2:49 pm

The value of the U.S. dollar is the strongest it has been in a generation, devaluing currencies around the world and unsettling the outlook for the global economy as it upends everything from the cost of a vacation abroad to the profitability of multinational companies.

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The strong dollar is weighing down companies

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