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| Holidaymakers hit as pound falls | Holidaymakers hit as pound falls |
| (35 minutes later) | |
| Britons heading abroad at the start of the summer are being hit by the poorest exchange rates for almost nine months. | Britons heading abroad at the start of the summer are being hit by the poorest exchange rates for almost nine months. |
| On Friday, the Moneycorp bureau at Stansted airport was offering just €0.89 for each pound on Friday, one of the lowest rates ever seen. | On Friday, the Moneycorp bureau at Stansted airport was offering just €0.89 for each pound on Friday, one of the lowest rates ever seen. |
| Holidaymakers heading to the US were getting just one dollar for each pound, after the greenback fell on Thursday. | Holidaymakers heading to the US were getting just one dollar for each pound, after the greenback fell on Thursday. |
| Both are far below the wholesale rate at which banks are buying and selling the currencies between each other. | Both are far below the wholesale rate at which banks are buying and selling the currencies between each other. |
| On the official foreign exchange market, the pound was worth €1.1169, whilst the dollar was worth $1.3043. | On the official foreign exchange market, the pound was worth €1.1169, whilst the dollar was worth $1.3043. |
| The pound fell below $1.30 on Thursday - its lowest level since September last year -after a surprise fall in retail sales in June, confounding expectations of an increase. | The pound fell below $1.30 on Thursday - its lowest level since September last year -after a surprise fall in retail sales in June, confounding expectations of an increase. |
| What's the pound exchange rate near you? Please tweet your pictures of currency exchange rate boards to @BBCBusiness and let us know | What's the pound exchange rate near you? Please tweet your pictures of currency exchange rate boards to @BBCBusiness and let us know |
| A survey of airport bureaux de change by the currency firm Fair FX has found that the average rate being offered across the UK is €0.97 for each pound. | A survey of airport bureaux de change by the currency firm Fair FX has found that the average rate being offered across the UK is €0.97 for each pound. |
| The poor rates once again represent unfortunate timing for holidaymakers. | The poor rates once again represent unfortunate timing for holidaymakers. |
| Last summer, travellers going through Southampton airport were offered just 86 euro cents for each pound sterling, thought to be the lowest rate on record. | Last summer, travellers going through Southampton airport were offered just 86 euro cents for each pound sterling, thought to be the lowest rate on record. |
| It comes on the same day that figures were published by the Office for National Statistics, showing that Britons spent a record £44.84bn abroad last year, a rise of 2.4% on 2016. | It comes on the same day that figures were published by the Office for National Statistics, showing that Britons spent a record £44.84bn abroad last year, a rise of 2.4% on 2016. |
| Advice for travellers trying to save money on exchange rates includes pre-ordering cash on the internet, or using specialist cards with low fees to take money abroad. | Advice for travellers trying to save money on exchange rates includes pre-ordering cash on the internet, or using specialist cards with low fees to take money abroad. |
| "If you pre-order online, and collect the cash when you get to the airport, you will still get the online rate," said Sally Francis-Miles, a consumer expert at Moneysupermarket. | "If you pre-order online, and collect the cash when you get to the airport, you will still get the online rate," said Sally Francis-Miles, a consumer expert at Moneysupermarket. |
| "If you're going abroad in the next month, you've still got time to order a specialist overseas credit card. If you're going in the next week, cash is probably best," she told the BBC. | "If you're going abroad in the next month, you've still got time to order a specialist overseas credit card. If you're going in the next week, cash is probably best," she told the BBC. |
| Some firms also allow you to lock in to an exchange rate, months before you travel. | |
| What's the pound exchange rate near you? What is the worst exchange rate you have experienced? Email haveyoursay@bbc.co.uk. | |
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