Travel insurance: Exchange rates 'impacting on travel'

Wednesday, 19 March 2008

Many tourists have decided to travel to the US because of the nature of the dollar against the pound, the Association of British Travel Agents has stated.

While travellers have to be careful about tax limits, spokeswoman Frances Tuke said, the country is a good option in which to go spending money.

And because of the current exchange rate, other places that accept the form of currency will also be beneficial for UK tourists, she noted.

In terms of tax limits, she remarked that shoppers have to be aware that they must stop spending at some point.

"People can forget. I mean you can't just buy whatever you want, there is a limit and you must make sure you haven't gone past that," she commented.

TheSite.org recently stated that 25 per cent of Britons now opt to do their Christmas shopping overseas.

Currently £1 is worth $2.0175, according to the Financial Times.
Travellers should ensure that they have adequate Travel insurance in place before making trips abroad.

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