Weak Dollar Drives u.s. Multinationals: Levi Strauss, Netflix, Pepsi and 3m See Increase in Profits and Forecasts Thanks to the Type of Change

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In the midst of a rising profit season, several U.S. multinationals have received an unexpected boost thanks to the weakening of the dollar. According to the original Shashwat Chauhan report for Reuters, the dollar has lost about 10% this year, which has benefited the finances of giants like Levi Strauss, Netflix, Pepsi and 3M, who have seen an increase in their profits from April to June or have adjusted their annual forecasts upwards.The weak …