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Will the pound weaken to a point of currency exchange rate parity with the euro?

Stephen Heath, FairFX.com Chief Executive said in the Daily Mail today: "It’s probably only a matter of time before the pound weakens to a point of currency exchange rate parity with the euro."

The article, which questions whether London is becoming one of the bargain capitals of the world for eurozone residents goes on to compare the cost of purchases in France today compared with the same time last year.

Friday 12 December 2008, 10:22am

Tags: euro, euro rate, euros, exchange rates, opodo, press mentions, spending power, sterling, strong euro

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