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Will £ buy more or less euros in April?

(4 Posts)
MotherOfGirls Mon 02-Feb-09 19:57:28

Any economists out there? I have booked a hotel in Cyprus for a couple of nights at the beginning of April. I can pay now or when we arrive. Price is in euros and so changes with the exchange rate. Any thoughts?

Ponders Mon 02-Feb-09 20:11:05

eek - I just had a look at the current rate & it's only 1.08 - was at 1.10/1.11 a few days ago?

I've heard a few people say it should get back up to c 1.20 by the summer, as the other European economies slide down to match ours, but who really knows? It's going to be a gamble whichever way you jump.

No help at all - sorry!

NorktasticNinja Mon 02-Feb-09 20:14:23

If I could answer that I'd be a rich woman...

MotherOfGirls Mon 02-Feb-09 20:18:26

I know, I know, I'm asking for a crystal ball!

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