Originally published February 27, 2008 at 12:00 AM | Page modified February 27, 2008 at 3:32 PM
PrintRecord-high euro makes European travel more expensive than ever
Euro soars to new high against U.S. dollar and the exchange rate makes it more expensive than ever for travelers to Europe
The dollar sank to new lows in Europe today against the euro, making a European trip even more expensive for American business travelers and vacationers.
The 15-nation currency exceeded a record $1.51 early today before falling slightly in currency trading. The U.S. currency has dropped 12 percent versus the euro in the last year.
Along with the rising British pound, which is nearing $2 again, the muscular euro means Americans must pay more for a hotel room in Rome, more for entrance to the Louvre in Paris and more for chocolates in Belgium.
On the other hand, the stronger euro makes shopping trips to the U.S. more appealing to Europeans. New York City in particular is a magnet for European tourists on shopping trips.
"
Copyright © 2008 The Seattle Times Company
Print
Digg
Newsvine
NEW - 8:12 AM
Rick Steves' Europe: Helsinki and Tallinn: Baltic Sisters
NEW - 8:00 AM
More extensive TSA searches in Sea-Tac Airport rattle some travelers
Winter play in the French Alps — without skiing
Carnival group hit by fire cheered in Rio parade
United cuts 2011 growth and Southwest raises fares
911 audio: Caseworker reports Josh Powell has locked children inside his home
911 audio: Caseworker reports Josh Powell's house on fire with children inside
911 audio: Sister of Josh Powell reports disturbing emails
Chuck Cox reacts to Powell home fire, death of his grandsons
Sheriff's update: Josh Powell spread gasoline in home fire, sent goodbye emails
Don Bateman, inventor of Ground Proximity Warning System
Pierce County sheriff reacts to Powell home fire
Price of Protection: A victim speaks out
Price of Protection: Inside the Special Commitment Center
Open Houses
|
Find all open houses.
|
nwautos
Turismo upgrade "Gran Turismo 5: XL Edition" for PlayStation 3 has features such as new car-tuning settings, new NASCAR vehicles, better replay video...
Post a comment
- Lakewood cop accused of embezzling $150K meant for slain officers' families
- 3 big health insurers stockpile $2.4 billion as rates keep rising
- Agency set to investigate handling of 911 call about Josh Powell
- Quick decisions: How Washington hired its new football staff
- Historic day for gay marriage as another fight looms
- Justin Wilcox's versatile defensive style is the right fit for Huskies | Jerry Brewer
- Social worker recounts minutes before Powell fire
- It's Terrence Time: Enigmatic Ross leads Huskies
- $25B settlement reached over foreclosure abuses
- Club promoter convicted in brutal 2010 murder of Des Moines prostitute
- Gay-marriage bill passes House, awaits Gregoire's signature
491 - Historic day for gay marriage as another fight looming 371
- Wanted in Seattle classrooms: more teachers of color 363
- Council members get briefing on arena proposal, minus details 256
- AP Source: Obama to change birth control rule 249
- 3 big health insurers stockpile $2.4 billion as rates keep rising 245
- Oregon live game thread 155
- Pac-12 picks ... including the UW game 140
- Worker: Josh Powell told son he had 'surprise' 108
- Rough road again 102
- Wanted in Seattle classrooms: more teachers of color
- State Medicaid program to stop paying for unneeded ER visits
- 3 big health insurers stockpile $2.4 billion as rates keep rising
- Economy, blogs give survivalists new reason to look to Northwest
- State's share of mortgage settlement: $648 million
- One man's audacious pursuit of sailing history
- Darren Berg gets 18-year sentence for Ponzi scheme
- Bellevue College adds a third bachelor's degree program
- $25B settlement reached over foreclosure abuses
- 'Gauguin and Polynesia': dazzling mix-and-match | Art review
