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."
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































Qatar Airways offers reduced timetable to over 60 destinations
Hands In, UATP join forces for airline multi-card payments
AirlineRatings reveals world's safest airline rankings for 2026
Vietnam warns airlines of possible flight reductions amid jet fuel shortages
Fliggy opens AI-powered travel bookings and developer tools