41. The negative effect a weak economy will have on corporate profits more than offsets the benefits exporters get from a stronger dollar, Ueki said. 42. The report confirmed that Japanese exporters are getting less foreign currency to sell for yen. 43. The strong franc has hurt Swiss exporters as they get fewer francs when they bring home their foreign earnings. 44. The stronger dollar helped some exporters because a higher dollar means exporters get more francs for dollars earned abroad. 45. When the franc rises, Swiss exporters get fewer francs for each unit of foreign currency billed. 46. But exporters should not get too comfortable with the situation, the German central bank warned. |