Time Magazine: What the Crash of the Euro Means for American Tourists

By SIMON CONSTABLE

A handful of American consumers–especially tourists visiting Europe–stand to benefit from the U.S. dollar’s recent strengthening against the euro, but the wider impact on the U.S. economy may not be as positive.

The euro, the single currency of much of the European Union, has been tumbling over the last year-and-a-half. Following a 20% decline in the European currency against the greenback since the beginning of last year, one dollar buys roughly one euro for the first time in two decades. Read more here.

Photo by Lucas Albuquerque on Unsplash