Yes, exporters can choose to raise their prices in the local currency. However, this comes with some administrative overhead and is visible to the buyer, hence

Yes, exporters can choose to raise their prices in the local currency. However, this comes with some administrative overhead and is visible to the buyer, hence prices tend to be sticky. Alternatively, they can price in dollars in which case they take on currency risk in the other direction but get the full benefit of a fall in their local currency. > Alternatively, why can't exporters just lower their prices without weakening the entire currency? Because then they wouldn't be able to make a profit after paying their local employees and suppliers.