dollar.
It's traded in a range of 1 euro = $0.83 to about 1 euro = $1.60.
It's never traded at 1.67 euro/dollar, which is about 1 euro = $0.60
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China fixes it's currency to achieve the same. This is a drag ou OUR economy.
BMW’s, Mercedes, Porsche, VW’s both electric and otherwise should be cheaper for US buyer’s wouldn’t you think. Wines from Italy, Spain and Greece. Don’t forget those.
There are not only exports but also imports.
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