Holidaymakers urged to ‘watch exchange rate movements carefully’
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Holidaymakers concerned about the fall in the value of the pound are being urged to “watch rate movements carefully”. Nick Boden, head of foreign currency provider Post Office Travel Money, warned that “sterling’s volatility makes it impossible to predict how exchange rates will behave in the coming weeks”. Mr Boden said: “Our advice for people planning overseas trips is to watch rate movements carefully in the weeks leading up to their departure, and change money at times when the rate rises.” Mr Boden noted that sterling’s drop in value is “much smaller” against currencies used by European countries. Mr Strickland said exchange rates are “adding a considerable complexity” to airlines’ plans for the coming months.
History of this topic
Sterling sees rise in value since election called
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Pound worth less than €0.92 at London bureau de change
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Market rises despite woes for travel companies
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