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What does euro-U.S. dollar parity mean for Americans? For imports? For travelers?

Summary by Ground News
For the first time in 20 years the euro and the dollar are equal. Lorie Buus with All About Travel says this new even exchange rate will really help out people who are already planning to travel to Europe this summer. Buus says the lower value of the euro won't help make a trip to Europe more affordable.
Published 7 months ago · Washington, United States

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What does euro-U.S. dollar parity mean for Americans? For imports? For travelers?

The U.S. dollar is on par with the euro, but is that a good or bad sign for Americans, travelers and the global economy?

7 months ago·United States
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The euro is near parity with the U.S. dollar: Here's how travelers can take advantage of the exchange rate

It's been two decades since the exchange rate was this favorable for Americans traveling to Europe.

7 months ago·United States
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Explainer: What does euro-dollar parity mean?

Energy prices have driven euro-area inflation to a record 8.6% in June, making everything from groceries to utility bills more expensive. They also have raised fears about governments rationing nat…

7 months ago·San Jose, United States
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Euro equals the dollar for the 1st time in 20 years; what it means for travelers

SIOUX FALLS, S.D. (KELO) -- For the first time in 20 years the euro and the dollar are equal.Tuesday the exchange rate became 1 to 1 for the European and American currency; what it means for travelers in tonight's Your Money Matters."It's been 20 years since the dollar was stronger than the euro," All About Travel agent Lorie Buus said. For the past two decades, Americans traveling to Europe have gotten used to things in Europe costing more due …

7 months ago·Sioux Falls, United States
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What does the parity of the euro and the dollar mean for Americans

For the first time in 20 years, the euro exchange rate reached parity with the dollar, which means that both currencies are worth the same. This can be a double-edged sword for Americans and the country's economy.

7 months ago
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