Dollar Exchange Rate Plummeted

Since August, the US dollar pair RMB Exchange rate all the way down, recently fell below 1 US dollars to 6.40 yuan. Some tourists even settle their accounts before leaving the country, and only go to Europe and America to "bargain".

At present, Shanghai tourists are mainly shopping for luxury goods in Europe, and almost everything in the US. In the middle of last month, a more than 40 year old Shanghai tourist bought 40 T-shirts in TommyHilfiger in the United States, while another traveler bought 8 Coach packages.

"The number of tourists to the United States is the most, and the last day from the first day of travel is still unfinished." Mei Lin, a travel agency manager, Lin Lin has just returned with an American tour group last month. She was impressed by the crazy rush of tourists in the group.

"Now the US dollar is against the renminbi. exchange rate Not high, the local prices are also cheaper, and tourists buy almost everything there, clothes, shoes, bags and even daily necessities, "Lin Lin said, a more than 40 year old male tourist in the group bought 40 TommyHilfiger T shirts at the otre discount store, just up to $1000. Because the brand T-shirts are priced at only $20-30 a piece, which is equivalent to 130 yuan -190 yuan, which is indeed very cost-effective compared with the 700-800 yuan in the country.

The same is the native land of the United States. brand The Coach package is also one of the items that must be included when tourists sweep the goods. Lin Lin said that because some discount stores require each visitor to purchase 5 Coach packages, there are tourists not only to buy them, but also to send them to others, so they take up the shopping quota of other tourists, buy 8 Coach bags, and spend about 1600 dollars.

Even so, according to the lower US dollar exchange rate, it is equivalent to about 70 percent off of the purchase of similar goods in China. Compared with almost all the craziness in the US, Shanghai tourists tend to buy large luxury goods in Europe, such as famous brand bags, watches and so on.

However, for those with recent Swiss travel plans, this may not be the best time. According to travel agents, the Swiss Franc has appreciated about 15% this year, which has appreciated by more than 20% over the previous two years, and some tourists' enthusiasm for buying Swiss watches has cooled.

In addition, this year the yen and Australian dollar have rebounded to the RMB exchange rate, which has a certain impact on the travel agency's outbound travel quotations. Travel agents said that despite the earthquake, Japan adopted a number of measures to attract tourists, such as hotels, attractions, discount prices, etc. However, due to the appreciation of the yen, this part of the discount has been offset by a large part of the day travel expenses have not dropped significantly.