Two sides of the dollar

October 2007
ICIS Chemical Business;10/22/2007, Vol. 272 Issue 15, p8
Trade Publication
The article comments on the impact of devaluation of the U.S. dollar on the chemical industries in the U.S. and Europe. With the devaluation of the U.S. dollar, the U.S. companies are stated to find several opportunities to increase revenue and earnings through higher export sales. It is opined that if the dollar stays low and the euro stays high, European chemical companies will have to start rethinking their investment plans.


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