Strong dollar wipes billions off US corporate earnings - Financial Times


7/24/2022 12:00:00 AM2 years 9 months ago
by Eric Platt, Kate Duguid

Currency’s surge to highest level in 20 years is taking a toll on businesses with global operations

The strong dollar has wiped billions of dollars off the second-quarter sales of US companies, prompting many to cut their guidance for the remainder of the year. The list of bellwethers stomaching m… [+5328 chars]

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