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Currency sales 'on the rise' PDF Print E-mail
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Tuesday, 22 February 2011 00:20

image Foreign currency sales have increased over the last year, suggesting that people are feeling more confident about taking holidays to Spain and other popular destinations.

According to the American Express Global Foreign Exchange Services Currency Index, sales rose by six per cent during the first quarter of 2010, compared to the same period in 2009.

Terry Perrin, director of trading and business development at American Express Global Foreign Exchange Services, said sales of the euro are increasing steadily.

Favourites of 2009 are likely to continue their popular streak into the summer of 2010. We expect Spain to remain the number one package holiday destination this summer for British families," he added.

Speaking recently, Nadine Hallak of Cheapflights Media said Spain can be an affordable destination for UK travellers as it is well served by budget airlines.

She noted that families trying to save money should carry out research before jetting off.

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