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American tourists splurge in Paris boutiques as euro slides
American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the US dollar. The euro tumbled below $1 on Wednesday for the first time in two decades on fears that rising energy prices triggered by the Ukraine conflict could tip the European Union into a prolonged economic crisis. “It's like it’s on sale here,” said Wilson, 49, from Colorado, whose purchases included two dresses for her daughter. "Because the euro and the dollar are about the same, it definitely encourages us to ... (full story)
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- Jul 17, 2022 2:16pm Jul 17, 2022 2:16pm
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- Posted: Jul 16, 2022 1:30pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 989
