Corporate foreign exchange news

Foreign exchange news: World Cup 'won't be cheap'

Monday, 07 December 2009 09:18:39 GMT

Published by Mark Smith-Halvorsen
Football fans keen to support England during the World Cup in South Africa next year should allow themselves a healthy travel budget, Lonely Planet has advised.
Commenting on last week's group draw, Tom Hall, travel editor for the guide book series, pointed out that England's group C fixtures are being played in Rustenburg, Cape Town and Port Elizabeth and so supporters should not overlook the cost of travelling the considerable distance between each game.
However, fans may be encouraged by the fact that sterling has strengthened to the most favourable exchange rate seen against the rand in years.
Indeed, research by Travel Daily News has shown that the cost of ten typical holiday items such as sun cream, a cup of coffee and a three-course meal stands at £46.13 in South Africa, compared to more than £64 in some of the UK's most popular holiday destinations.
In a separate statement, Thomson reported a sharp rise in the number of long-haul bookings made by UK travellers as they look to make the most of favourable exchange rates in countries like South Africa.
For competitive rates and commission free travel money, visit our Travel FX siteADNFCR-2522-ID-19497460-ADNFCR
Logo

Speak to one of the team

Please get in touch.

Contact details

Corporate FX
5th Floor, 62 Cornhill
London, EC3V 3NH
United Kingdom
Tel: 020 7743 7000
Fax: 020 7743 7001
Email: info@corporate-fx.co.uk

Contact us / Feedback

Thanks for contacting us

Map and directions

We are situated in the heart of the city of London.

Nearest tube/DLR stations:

Bank
Liverpool Street
Aldgate
Monument

Nearest mainline rail stations:

Liverpool Street
Fenchurch Street
Cannon Street

Global Reach Partners Limited; Registered in England No. 4344764. Registered for Money Laundering Regulations and Money Services
Business at Her Majesty's Revenue & Customs registrations No. 12140164. Supervised by the FSA in accordance with the payment
services regulations 2009, registration No. 504315.
© 2009 Global Reach Partners. Site credits