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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (11802)12/18/1997 6:43:00 AM
From: P.Prazeres  Read Replies (1) | Respond to of 94695
 
James,

They get paid in overseas currencies...when the dollar is weaker against those currencies, the translation results in more dollars.

for example...a trinket sold in Japan for 130 yen results in $1 in revenue when the excahnge rate is 130yen/$1....the same trinket results in $2 in revenue when the exchange rate is 65yen/$1. So a weaker dollar increases revenue when translated back to US$.

Paulo


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