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2-Apr-2008
The weak US dollar is a double-edged sword for the travel-retail market. While overseas travellers are enjoying more purchasing power in the Americas, US tourists have less money to spend. Nicole Mezzasalma asks retailers and suppliers how the recent fluctuations in currency exchange rates have affected their businesses
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Since September 2007, when the US Federal Reserve’s reduction of the country’s interest rate raised the value of the euro and caused the US dollar to fall below €0.70 for
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