This morning's Metro reported on the UK recession being likely to last longer than any other in the worldwide slowdown. Unemployment figures out this morning may show unemployment over 2 million for the first time since 1997.
All this is bad news for the Pound. Sending money overseas is likely to continue to become expensive as the UK reels from a constant flow of negative news.
If you do need to buy or sell currency, speak to a currency broker to make sure you don't lose out.
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