Meaning of weakens US dollar in foreign exchange market

What does it mean while the U.S. dollar weakens in the foreign exchange market?
While the U.S. dollar weakens in the foreign exchange market one U.S. dollar purchase fewer units of another country's currency. It costs more U.S. dollars to purchase a given quantity of another country's currency.

   Related Questions in Finance Basics

©TutorsGlobe All rights reserved 2022-2023.