The U.S. Dollar Is Giving Some Travelers More Spending Power

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 24 May 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The U.S. dollar is at its highest value against foreign currencies since 2002. WSJ reporter Katherine Hamilton joins host J.R. Whalen to discuss why that has caused some travelers to book trips to Asia, Latin America and Eastern Europe. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Here's your money briefing for Friday, May 24th. I'm J.R. Whelan for the Wall Street Journal.
0:10.0	Inflation in the US might give you second thoughts about planning a summer vacation this year,
0:15.0	but outside the US, the exchange rate between the dollar and several overseas currencies,
0:21.0	could tilt the numbers game in your favor.
0:24.0	It's a really great time to go because you might, you know, actually feel wealthier in some of these countries
0:30.0	and be able to enjoy great meals in restaurants all day spas things that you really
0:36.0	couldn't dream of affording in the US.
0:38.8	Wall Street Journal reporter Catherine Hamilton will join us.
0:42.0	After the break.
0:44.0	While you're listening to this podcast, I'm causing mischief.
0:49.0	Like creeping past sleepy granddad, to sneak pot of Petit Falu from the fridge.
0:55.6	Because Petit Falu fuels the mischief.
0:59.6	Boom!
1:00.6	Mom says that Petitaloo is made with calcium and vitamin D for healthy bones.
1:08.0	She knows best, most of the time.
1:11.0	Fuelling mischief with petty flu.
1:22.0	The strength of the US dollar against some foreign currencies means Americans can
1:26.2	score some sweet deals while traveling this summer.
1:29.7	Wall Street Journal reporter Catherine Hamilton joins me.
1:33.0	Catherine, can you take us through this process for a moment?
1:35.6	How does the US dollar or any legal tender change in value
1:40.1	versus other currencies?
	...

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