Decline of euro good for exports

THE euro’s continuing decline against the dollar is good for exporters in general, but it is a mixed blessing.

Companies like the Kerry Group, Waterford Wedgwood, CRH, who have strong operations in the United Sates will do well out of the falling euro.

The strong dollar will boost the flagging fortunes of Waterford Wedgwood, which is so reliant on sales in the US for its crystal. It is due to publish results later this week.