Instruction number one was 'cast aside your abacus and dust down your typewriter'. Instruction number two was to give an opinion of where I would consider holidaying given the current financial hurly burly. Basically, the accountant's eye view. So, I have come up with two countries that are separated by approximately 8,000 miles of airspace.
Iceland has not had a good time of late and has been taken to task on the front pages of our periodicals in recent days. However, with the Krone dropping from 125 to the pound to a hefty 193 to the pound since the beginning of the year you would have plenty more change in your pocket to spend on themal baths and snowmobile safaris.
Next up is South Africa. In January you could collect 13 rand for every British pound, however, as I type you may now acquire a very handsome 17.5 rand for every 100 British pennies you exchange. This makes each of the Big Five cheaper to the pound, but does not mean they're now the Big Eight.
Taking advantage is the name of the game, but remember that this advantage is shared with our foreign friends. When times are tough, there is nothing more uplifting than welcoming a visitor. Now where’s my abacus? CW
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