Brexit pain for holidaymakers as pound expected to fall further against euro
by Press Association from Economics | The Guardian on (#2Z0MC)
Investment bank Morgan Stanley predicts pound-euro parity by early next year
British holidaymakers should brace themselves for more Brexit pain when they change their pounds into euros, with a leading investment bank forecasting the currencies are on the way to parity.
Sterling is trading at a1.09 after collapsing from a1.31 on the day before the UK voted to quit the European Union in June 2016.
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