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Pound to euro exchange rate 'pulls back' as GBP 'out of favour' – travel money latest

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Strafford-Taylor continued: “The government is due to give more clarity on the likelihood of overseas travel on 12 April, so savvy holidaymakers will be keeping a close eye on the latest developments and locking in rates while the pound is strong.

“Although the outlook for this summer is still relatively unknown, particularly after today’s announcement of £5,000 fines for anyone breaking travel rules as of next week, holidaymakers will want to get more for their money when they can as travel operators are likely to hike prices after a rollercoaster 12 months.

“Following the pound, keeping an eye on exchange rates and planning ahead are some of the best and most simple ways to do this if you do decide to travel abroad this year.”

However, for those who do have holidays in the diary, it might be worth waiting to buy travel money.



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