17 Jul 19, 02:28 PM
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Imagineer
Join Date: Dec 15
Location: Staffs Moorlands
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Sterling forecast to fall to parity against the dollar - BBC
I know some people ask about when to purchase their dollars - now could be a good time!
bbc/news/business-49015116
"If people are waiting to buy at a better rate I don't think that's going to happen," Mr Hickman said.
If there is a no-deal Brexit then he thinks the pound could go lower. He points out that some in the financial markets think it could hit parity against the dollar, meaning tourists would receive just £1 for each dollar they exchange.
At the moment the tourist rate for the pound against the dollar is $1.2127. That's down 5% on this time last year, according to the Post Office.
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