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The Independent UK
The Independent UK
National
Vicky Shaw

Red Sea resorts may be cost-effective choice for UK holidaymakers

Post Office Red Sea United Kingdom Post Office Travel Money
PA Archive

Sharp falls in the value of the Egyptian pound could make Sharm el-Sheikh and other Red Sea resorts a cost-effective choice for UK-based holidaymakers looking to travel abroad in 2023, according to analysis.

Post Office Travel Money found the gains that sterling has made against the Egyptian pound over the past year equate to getting around £210 extra on a £500 currency transaction.

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