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October 24, 2016

Tourists are winners in pound's drop

By DANICA KIRKA and PAUL TRAYNOR
Associated Press

LONDON — Would you travel halfway around the world for a handbag, or a coat? Maybe if you really loved it — and could get 20 percent off.

At the moment, the price is right in Britain, where the decision to leave the European Union has led to a sharp drop in the pound. That's proving a bonanza for luxury goods shoppers with foreign currency to spend.


 
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