THE pound has fallen to its lowest level against the dollar since decimalisation in 1971. Sterling fell by more than 4% to just $1.03 in early Asia trade before. Sterling gained some ground to abou…
A fall in the value of sterling is bad news for holidaymakers, who will find they get less travel money at the Foreign Exchange.
If the pound to dollar exchange rate drops to $1.1/£1 then you'll only get $110 for £100 holiday spending money. These are specific debit and credit cards designed for using abroad, which won't charge you for each transaction like a standard card will.
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