Saturday, May 3, 2008

Weak Dollar Means Changes For Those Taking Trips

In India, the exchange rate is 28 cents for each rupee. That's why travel to China is expected to go up almost 13 and a half percent.

Trips to India could jump 13 percent, but ultimately travelers fear the dollar's poor performance internationally will force people to think twice.

"I think in the long run, once they reevaluate it, they're still gonna want to travel cause the benefits outweigh the costs," said Rogers.

Even with the higher exchange rates, travel to Europe will go up this summer where Americans are expected to pay just under six percent more for anything they purchase.
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