General Election and Exchange Rates

Polling Station 2008

There has been a lot of discussion about the general election and whether or not to buy currency today or tomorrow and how much it will be affected.

The truth is, of course nobody knows.  Particularly at this election as the result is too close to call and we could end up with a majority or hung parliament.  Rates may change tomorrow (either higher or lower) but will stablise pretty quickly there after.

So, if you need holiday currency the best thing to do is keep an eye on the rates and if you see an upward trend and then it pause then place your order.

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