Weak or Strong Currency - Good for Any Country

"It is painful for the exporters, but look at the other side of the coin -- the consumers. A strong currency is good for a country; it's not bad for a country. They shouldn't just be beholden to the exporters. They should listen to the consumers, who are going to gain undoubtedly because of the strong currency." Wharton finance professor Jeremy Siegel in an old article. How true & relevant even today.

Currency Conundrum: Is the Strong Rupee Good or Bad for India? - India Knowledge@Wharton

Source: knowledge.wharton.upenn.edu

History has been unkind to Canute. The 10th century king of England was so tired of his fawning courtiers that he took them to the shore and commanded the waves to roll back. It was to be a demonstration of the limitation of his powers. ...