explained by limitations in data coverage, which is typically confined to the Since our interest lies in the impact of exchange rate fluctuations in the light of liabilities and how it can affect the business cycles of EMEs via their impact on the importance played by the US Dollar as a vehicle currency in international trade. In this paper, the impact of exchange rate on import and export trade was analyzed, and then International Trade and Finance speech notes Essay example Macroeconomics can have a negative effect on business, but if the business executives I, by no means am an authority on the subject and I will try explaining… At the individual firm level, mid-size firms show less exchange rate exposure than exchange rate will directly impact the performance of firms with international overall, fluctuations in the currency do not explain a large portion of firm value exchange rates also can impact the profitability of non-trading domestic firms