Attitude Posted September 22, 2003 Posted September 22, 2003 My international mutual funds are in great shape due to the declining dollar. Hedging is aid. Quote
JayB Posted September 22, 2003 Posted September 22, 2003 Also good news for exporters and US-based multinationals with substantial Euro-denominated earnings from their European operations. It sucks for anyone looking to score some climbing gear from the Euros for cheap. Every financial publication was talking about how massively overvalued the Dollar was Relative to the Euro last year so I made my purchases then when you could buy a Euro for 73 cents. Quote
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