11. A strengthening dollar means Holderbank gets more francs for its overseas sales. 12. A strong dollar means Novartis gets more francs when it converts overseas earnings to its home currency. 13. A strong franc also means that Swiss companies get fewer francs when they bring home their dollar-denominated earnings. 14. A strong dollar means exporters get more francs for sales abroad. 15. A weakening franc is good for exporters because they get more francs for their overseas revenue. 16. A weakening franc is good news for Nestle because it gets more francs for overseas revenue. 17. A weak dollar means Swiss companies get fewer francs for their overseas revenue. 18. A weaker dollar means that companies get fewer francs when they convert dollar sales. 19. A weaker Swiss currency means the drugmaker gets more francs when it brings home revenue from overseas. 20. It also means Nestle gets more francs for its foreign revenue. |