[logicchains]

>A weaker currency is better for exports.

Only for exports that don't rely on imported components, because such components will get more expensive.

[ThinBold]

> rely on imported components

This doesn't matter. You buy wheat at $100 and sell breads at $250. You net $150 and convert that to, say, €150.

[dsq]

Quite right, imports get more expensive. I guess it's only beneficial if you have most of the supply chain in-country.

[anony999]

Could you say that it encourages local supply chains?

[dsq]

I think so, given a healthy market. Sometimes fiat decisions or policies can discourage or outright prevent local supply from developing. The key is balance.