93% of popular holiday destinations' currencies weaken against the British pound, boosting UK travel spending.
93% of popular holiday destinations' currencies have weakened against the British pound, boosting the value of UK holidaymakers' travel spending. The pound's strongest gains are against the Egyptian pound (up 56%), Turkish lira (up 12.4%), Japanese yen (up 15.2%), Argentine peso (up 14.2%), and Thai baht (up 6.4%). The increased value is attributed to investor confidence in the UK's improving economy.
July 15, 2024
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