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After the Asian crisis in 1997, super-competitive currencies helped exports to boom, but domestic demand has lagged.
WPP reported revenue rose 23percentt, or 18percentt in constant currencies, helped by WPP's acquisition of Grey Global.
The main answer is that the U.S. dollar has fallen against other currencies, helping give U.S.-based manufacturing a cost advantage.
kit juckes (@kitjuckes) 5 down S&P days for the first time since the last time the US looked over a fiscal cliff-edge have shaken up EM currencies, helped Tsies.
Last week, the value of the dollar fell against major currencies, helping push commodity prices higher, after the Federal Reserve announced that it would create reservoirs of new money to buy $1 trillion in securities.
These freedoms, along with a stable currency, help to create economic growth and prosperity.
A higher currency helps.
A weaker currency helps the eurozone's exporters.
A lower currency helps the region's exporters and is one way of heading off deflation.
A weaker currency helped exports of steel slabs to climb 41percenttoto 1.32 million tons.
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