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© 2017 Thomson ReutersWeak U.S. dollar means unexpected bargains for foreign tourists
By Peter Szekely NEW YORK©2024 GPlusMedia Inc.
5 Comments
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Wakarimasen
non story. how is a move from 113 to 109 a "slide".
Jonathan Prin
Hardly any significant change.
Euro for instance had reached 170 yens once if I remember well. That was a change.
Otherwise it is just standard fluctuations.
jdmdirect@gmail.com
yes $ peaked at 115.1 in Jan with a low of 108.4 in April, now its around 110. trading in a 6% range all year, another slow news day for the economists.
mmwkdw
Doubt that their Credit Card US$:Yen rate changed at all... probably even went against them ...
Chop Chop
You better not to use Credit card if you're going to overseas holiday and shopping trip because the exchange rate doesn't matter at all once you received bank statement. I always bought traveler cheque wherever I go abroad. I only use Credit card in emergency case and where I can't cash in for traveler cheque or cash shortage.
I used to buy gifts and other goods with Credit card very long time ago but I found out the goods are very expensive in Aussie dollar when I got Visa card statement from the Citi Bank. Thus, I stop using Credit card when I was in abroad.