Complicating matters, the rand, like most currencies, fluctuates against the dollar, making prices tough to fix.
A weaker Europe has meant a stronger dollar, making American products more expensive.
First, the euro started to fall against the dollar, making France more competitive.
That would strengthen the dollar, making it difficult for American companies to sell their goods abroad.
Richard M. Nixon's Administration devalued the dollar, making American farm goods cheaper for foreign customers.
Perhaps most ominously, it added that a weaker Europe has meant a stronger dollar — "making American products more expensive.
Why?Back in 2003, you could buy 8.28 yuan for a dollar, making China's currency worth only about 12 cents.
The nervous decline of the euro pushes up the dollar, making exports more expensive and slowing America's recovery.
Lower interest rates may help the baht retreat from a 10-year high against the dollar, making exporters more competitive.
A floating yuan would rise against the dollar, making Chinese exports more costly in the United States.
When the market was founded the Argentine peso had just been pegged to the dollar, making imported textiles far cheaper than Argentine-made fabrics.
