Holidaymakers snap up euros due to strong pound
Britons are rushing to buy foreign currency weeks before they travel due a surge in the strength of the pound.
Thomas Cook said the number of customers buying euros during the end of February and early March was up by a third on the same time last year.
Its customers were also buying more, leading to a rise in sales values of 65%. The Post Office said its online sales of euros were up by more than half, Saga Travel said between February and April euro sales were double that seen in 2014 and Asda Money saw a rise of 20%.
Just in the past two weeks, Thomas Cook has sold £22.8 million of euros.
Its head of foreign exchange Fraser Millar told the BBC: "Some customers are forward buying for holidays they have already booked, while others are buying now before they have even booked their holiday."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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