Holiday bookings to Turkey rise as lira hits all-time low against pound

As sterling remains stubbornly weak against the euro and dollar, UK holidaymakers find their money goes much further in Turkey, and travel firms are already reporting a rise in bookings for 2018

Taking a holiday in Turkey has become much cheaper, with the lira falling by 34% over the past year to hit a record low against the pound. Holidaymakers will now get 697 lira for £100, compared with 460 last year (both before exchange fees).

The lira’s fall comes as the pound slumped to its lowest level against the euro and US dollar this year, and holidaymakers are being warned against exchanging pounds for euros at airports – where they will get less than a euro for a pound.

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