Nokia's announcement follows statements earlier this quarter from European companies including BASF AG, the world's largest chemicals maker, and Volkswagen AG, Europe's biggest carmaker.
BASF, which earns 24 percent of its revenue in the US, said last month that the dollar's decline drove down quarterly sales by 600 million euros (US$653 million), and contributed to trimming profit by 61 percent. It has lost 2.2 percent since Friday last week.
Volkswagen said in July that the dollar's drop was one of the main factors in a 58 percent decline in first-half net income.
Volkswagen shares shed 5.3 percent in the week.
Royal Philips Electronics NV, the region's third-largest maker of semiconductors, slid 3.6 percent this week. It advanced 1.5 percent yesterday after saying it expects third-quarter semiconductor sales to exceed an earlier internal target.
Sales in dollar terms will exceed an earlier target of 3 percent growth from the previous quarter "by a few percentage points" because of growing demand for DVDs and mobile phones. The Dutch company also reiterated that it expects the chip business to return to a profit in the fourth quarter.
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