Below you'll find a list of all posts that have been tagged as “exchange rate”
Today, the dollar-to-euro exchange rate hit a 12-year low against other world currencies, meaning that those dollars will go farther when you travel to Italy. Currently at $1.05 to 1.00€, the exchange rate is expected to drop even further, with some analysts predicting a 1:1 exchange as soon as next month. It’s probably going to stay that way for a while, too. …
Italians who depend on tourism for their livelihoods are missing their American customers these days, according a recent article by the Chicago Tribune. The number of American travelers to Italy has fallen some 20% over the past year and everyone from taxi drivers to store clerks to government officials are feeling their absence and blaming the global economic crisis. More …
How lovely to wake up this morning and read the news that the dollar has reached a one-year high against the euro. Earlier this summer, the euro was trading at around $1.60. Now it is down to around $1.40. Makes travel to Italy much more pleasing!
