51. A weaker dollar makes goods more expensive in the U.S. and reduces the value of their dollar-denominated earnings. 52. A weaker dollar hurts exporters as it makes the price of their goods in the U.S. more expensive and reduces the value of their dollar-denominated sales. 53. A weaker dollar makes German goods more expensive abroad and reduces the value of dollar-denominated sales. 54. A weaker dollar makes Japanese exporters less competitive and reduces the value of their overseas earnings in yen terms. 55. Also, countries that have plans to reduce the value of their currency are ill advised to take on new debt before the devaluation. 56. British companies that derive a substantial portion of their revenue from overseas suffer when the pound rises, because it reduces the value of that revenue in sterling terms. 57. Both can cut into profits -- the former by raising the cost of borrowing and the latter by reducing the value of sales made outside the U.S. 58. But if they do, the selling pressure may sharply reduce the value of LCA-Vision shares. 59. But some analysts said the sale to ING could reduce shareholder value over the long run. 60. Caller ID reduces the value of an unlisted phone number, he argues, because it often results in the customer inadvertently disclosing his number. |