Friday, May 14, 2010

EURO SLIGHT DEVALUATION MEANS LESS SPENDING AND MUCH PURCHASE FOR SUMMER SEASON TRAVELERS FROM THE USA AND FOREIGN STUDENTS.

The slight devaluation of the European currency the euro has been good news for both summer travelers and students on use of the universal currency the USA dollar. This means travelers from the USA, or elsewhere and foreign students would spend the same amount, but they would purchase many items than in the previous months as the purchase power of the USA currency the dollar gains strength against the declining value of euro.
However, the volcanic ash and the rainy cold weather in many European cities and towns at present, despite the summer season may require certain items such as the purchase of warm summer clothes and rain coats, or umbrellas, besides the request for information about which European cities and towns have been widely polluted by the volcanic ash from Iceland's under water volcanic eruption.

Written by Godfrey Ohia.

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