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Kelby's France Travel Blog

By Kelby Carr, About.com Guide to France Travel since 2002

European Bank Declines to Act to Halt Euro's Rise Against Dollar

Saturday January 10, 2004
The European Bank this week shrugged off concerns about the euro's skyrocketing value against the U.S.'s plummeting dollar, causing major concern for European exporters who fear they will lose money on items typically sold to the U.S, according to The Washington Post. The euro has now risen about 10 percent in value in the past two months, and about 40 percent over the past two years, the article states.
Planning a trip to France, and need help coping with the escalating euro? (The value was up to $1.28 yesterday! Ouch!) Consult these articles for details about the meteoric rise, as well as tips for stretching the sad dollar:

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