British Travel Insurance Customers could Experience Cheaper Holidays

Foreign exchange specialist HiFX suggests that in the coming days, British Travel Insurance customers could find their holidays less expensive. According to HiFX, pound is likely to become stronger following the announcement of European Central Bank or ECB that sterling was up by 0.36 per cent against the Euro. Currency strategist Marc Cogliatti said that though foreign trips could become less expensive it will not reach the low as it was two years ago.

Currently, the pound is 15 per cent higher as compared to what it was last year. Cogliatti therefore suggests that now is perhaps the best time for travel insurance customers to visit places like South Africa which is also hosting the Confederations Cup.

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