earlier this week a shock came through
in LA the fans the financial district of
Paris at almost one-to-one for the first
time in 12 years the European euro and
the u.s. dollar is dancing to the same
tune since June the dollar has been
slowly winning the upward battle against
the Euro making life in Paris
finally more affordable training
specialists associate Asian fi explains
how and same digressive job will happen
on the euro dollar cold we're expecting
to see another crop that will tear the
euro dollar to one to one quotation
which will mean achieving the European
Central Bank expectations people working
on the market would try to keep it to
that level and not take it lower
Carmen Sachs is predicting a drop to
open a 2017 which we are skeptical about
but for American tourists and students
living in Europe purchasing things
abroad is finally the same thing its
purchasing from the US you know if you
have your parents send you money from
the states if you're from the states
it's always been such a hassle with the
exchange rate because you get so much
less so you think your mom sending you a
lot of money for your monthly allowance
and then in fact you have like I don't
know half of what you thought you had so
now it's much easier and much more
convenient for us so we can enjoy our
lives more many students at the American
University of Paris received dollars
from their US loans or parental support
dollars once meant being able to buy
less now means being able to buy more
for your dollar
AUP a university listed in Forbes
magazine for being one of the most
expensive in the world
is now about the same as a public
universities in the States because of
the exchange rate for students at IUP
continuing education in Paris was
sometimes not seen as an option due to
having to pay more for daily essentials
over the years American students
studying abroad have waited to purchase
things in the
yes in order to avoid the stronger euro
which added about 30 percent to
everything but with more tourism and
students staying in Paris due to the
stronger dollar the French economy will
see a slow but sure rise the new change
in economy it seems as though the
European dream will finally be
accessible to American students studying
abroad
this is Jessica penny for a up7 news