How does a strong dollar make American capital and financial assets cheap for foreign investors?

I think it does the opposite. Strong dollar mean you need to spend more your local currency to buy it. Let say yesterday to buy 1$ you had to spent 90 unit of your local currency, today $ is stronger so you need 100 unit. Now there is apple in us cost 1$, yesterday you buy it with 90 unit of your currency and today you buy it will cost 100 unit. So you will prefer to spend 90 unit and buy your local apple instead of ameican apple. Hope that make sensen.

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