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Boost for travellers as Sterling rises against Euro
25 Jun 2010
There has been a boost for lads heading out on a European stag weekend as Sterling has reached an 19-month high against the troubled Euro.
The pound reached 1.222 euros on Thursday before dropping slightly, but the exchange rate is a big improvement on prices from 12 months ago which saw the currencies come close to parity and consequently making trips to the continent much more expensive.
The euro has suffered from financial uncertainty is southern Europe, particularly Greece in recent month. However, the pound is still a long way from the 1.5 level that is traded at prior to the credit crisis.
Three of the top stag do destinations using the Euro are Bratislava, Amsterdam and Berlin.
The pound reached 1.222 euros on Thursday before dropping slightly, but the exchange rate is a big improvement on prices from 12 months ago which saw the currencies come close to parity and consequently making trips to the continent much more expensive.
The euro has suffered from financial uncertainty is southern Europe, particularly Greece in recent month. However, the pound is still a long way from the 1.5 level that is traded at prior to the credit crisis.
Three of the top stag do destinations using the Euro are Bratislava, Amsterdam and Berlin.
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