For corporate America, strong US dollar cuts both ways

Salesforce recently bought a Brazilian company as the strong dollar likely made the purchase more affordable. (Photo: Reuters) — Salesforce recently bought a Brazilian company as the strong dollar likely made the purchase more affordable. (Photo: Reuters)

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4 min read . Updated: 03 Oct 2022, 06:10 PM IST Julia-Ambra Verlaine, The Wall Street Journal

Rising dollar can put a dent in sales and earnings for some companies or boost business for others

A strong U.S. dollar is cutting both ways for companies across the globe.