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time to cash in on sterling recovery?

Published: 09/08/2009

Sunday Express (Financial)
Travelers who have been hit hard by the weakness of sterling in recent months are being urged to consider fixing their currency exchange rate now, with the pound near 10-month highs.

 

“Given that we are near the best levels this year for selling sterling to buy dollars, and also close to the best level for this year to be selling to buy Euros, it is definitely a good time to be fixing your currency rate,” says Mark Bodega from currency specialist HiFX.

 

This view is shared by Andrew Hagger from price-comparison service Moneynet.co.uk.
 

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