Shop­pers set to take off as the dol­lar plunges

The Jewish Chronicle - - LIFE -

BAR­GAIN-HUNTERS CAN save big time on shop­ping sprees in New York now that dol­lar has fallen to its low­est rate against ster­ling for over five years.

At a rate of $1.677, any­one chang­ing £500 into dol­lars will now re­ceive al­most £64 more than in 2009.

The ster­ling surge means there are even big­ger sav­ings to be made in New York on de­signer stores.

The most sought after de­signer jeans and fash­ion items cost over 40 per cent less in New York than in Lon­don. Top de­signer bar­gains are on women’s 7 For All Mankind jeans and men’s Aber­crom­bie & Fitch jeans.

At around £52, a pair of men’s skinny jeans now costs 47 per cent less than the £98 Lon­don price tag. Sim­i­larly, the women’s “best buy” jeans slash 44 per cent off the UK price — £103 in New York com­pared with £185 in Lon­don.

Top US la­bels J Crew and Polo Ralph Lau­ren also of­fer big dis­counts with prices 40 per cent or more be­low UK lev­els. Gad­gets are also cheaper: a Kin­dle Fire HD tablet is a third cheaper . Source: Post Of­fice Travel Money

Re­search: Prof Win­ston

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