Travel dispatches from a shrinking planet

Travel dispatches from a shrinking planet

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Break Bread and Brie in France

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10 Wanderlust-Inducing Summer Concerts

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‘The Worst Guidebook Writer Ever’?

Lonely Planet author Robert Reid reviews Thomas Kohnstamm’s “Do Travel Writers Go to Hell?” and weighs in on the controversy surrounding it

TRAVEL BLOG
2.6.08

NYC Shops to Visitors: Give us Your Huddled Euros Yearning to be Free

imageIn what Reuters reports is a sign that the U.S. dollar “just ain’t what it used to be,” some New York City businesses are now accepting euros and other foreign currency—and they’re finding plenty of takers: “The increasingly weak U.S. dollar, once considered the king among currencies, has brought waves of European tourists to New York with money to burn.”

Related on World Hum:
* Dollar Sinks to Record Low in Europe

Photo by jopemoro via Flickr (Creative Commons).

Posted by Jim Benning • 2.6.08
Categories: WeblogGlobal VillageNew York

Share this item at del.icio.us PermalinkComments (2)


COMMENTS

Hi Jim:

This is an issue that effects every traveler. I’m sure foreign tourists appreciate the ease of being able to buy things here in New York with euros, rather than stumbling to the currency exchange booth on West Broadway to make a deal.

I’ve had trouble trying to pay in American dollars abroad, and it’s no fun standing in line for hours just to cash a $100 traveler’s check, at a loss.

Another issue is foreign checks. I’ve been paid by check before by foreign magazines. For some reason, my neighborhood bank wouldn’t cash a check in even Canadian dollars. The amount was so outstandingly low that I never bothered trying to cash it at some international consortium. Oh well.

By  on  2.6.08  at  08:13 PM

I wonder if this goes for the Sterling as well?

And, what kind of exchange rates are you actually getting if instead of paying with greenbacks you’re using Euros? I’m guessing a lot worse than the ATM will give you!

If anyone knows, would be great to find out.

By Jack from eyeflare.com  on  2.7.08  at  03:28 AM


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