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Vacationing Brits watch spending as currency hits new low - Barbados Today

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Though its impact is being felt, the falling value of the British pound will not stop some pleasure seekers from making Barbados their first choice for a holiday destination.Admittedly, however, those who spoke with Barbados TODAY said they have had to make several adjustments to their spending while on island due to the falling value of the pound and the high cost of some items here.Following the unveiling of a programme of tax cuts in the UK Parliament at the end of September, the British pound sterling plunged as low as US$1.08 (BDS$2.16), levels not seen for more than 30 years.On Tuesday, commercial banks in Barbados were purchasing the British pound notes for as low as BDS$2

Source: Barbados Today - News You Can Trust.

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