British Tourists Incurred Cost More After Brexit

The exchange rate of the pound sterling weakened against the US dollar

Travelers in the airport - Image credit M Kretyawan

Brexit impact apparently be extended to a variety of industries, specifically the tourism industry and even exposed to the tourists from England who hold the currency pound sterling.

While the value of these currencies weakened against the currency exchange rate of the US dollar, citing the sites CNN Indonesia, today, even called the worst since the economic crisis in 2008.

Britain's decision out of the European Union made many investors worried about the political and economic future of the country.

Britons, say for the citizens of wealthy, now become poorer as a result of Brexit voting, and they will continue to face financial news worsened, according to a wealth of international consulting agency.

As reports of WealthInsght mention, most HNWIs (high net worth individuals) in the UK, which is about 14.3 percent, has a wealth of the financial services industry. They can feel the direct billions of dollars have disappeared in the recent market, which makes this HNWI pockets thinning.

Well, this time more severe impacts are citizens in general in the UK, especially for British tourists who love to travel abroad.

Other articles quote from the sites Travelers Today on Monday, January 30, can point to the fact more clearly the value of the currency, in particular the weakening of the pound sterling, so the impact to tourism activities that tend to make all become more expensive.

Travelers bear higher costs, British travelers would also tend to lose their privileges, such as visa-free rule when they travel to other European neighboring countries.

One industry observer of FairFX Travel Money Expert, Ian Strafford-Taylor, suggested that British travelers to swap its pound sterling in the official bank rather than through a central exchange currency at the airport, to avoid disappointment exchange rate obtained.

But. The reverse is true for the tourists who visit to England, because everything is cheaper. Of course businesses in the UK tourism industry can anticipate, and earn more profit.

Now is the time for the tourists who vacation in England, enjoying the romantic atmosphere of the River Thames, this year.

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Source: A Mustafa - CNN Indonesia, Kompas.com, Travelers Today
Image: M Kretyawan