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A survey conducted by credit card giant Visa has found that the dollar’s decline hasn’t dampened enthusiasm for travel abroad among large numbers of Americans – but it has shortened the distance
The weak dollar is luring overseas shoppers to the U.S., and the number of visitors to this country from foreign countries is the highest since 2001.
(jpost.com) - The governor of the Bank of Israel will have no choice but to reduce the interest rate if he wants to prevent the dollar from weakening further, Tourism Ministry Director-General Shaul Tzemach said Wednesday.The ministry head spoke during the 14th International Mediterranean Tourism Market convention (IMTM), currently underway at the Tel Aviv Exhibition Grounds.
Nashville, Tenn.-based Tim Leffel, author of Make Your Travel Dollars Worth a Fortune, skipped London and Lisbon this summer, and instead, took his wife and daughter on a two-week trip to Guatemala. There, they stayed in a "gorgeous" hotel which featured a panoramic view of a volcanic lake for $60 a night.