article_snippet: All of a sudden a price of 1.55 doesn’t seem too far away,’ said Harry Adams, managing director of currency specialists Argentex.
article_snippet: A family changing £500 would now get 79 more euros than they did a year ago and 109 more euros than two years ago.
article_snippet: Figures from currency exchange firm Travelex show £500 would now buy 674 euros compared with 595 euros in March 2014 and 565 euros in March 2013.
article_snippet: Tracy Bownes, retail director at travel money specialist Moneycorp, said: ‘British cash is going further in the eurozone than British cash has in almost a decade.
article_snippet: The European Central Bank will next week start pumping billions of euros of emergency funds into the British economy in a desperate effort to stimulate growth.
article_snippet: The Frankfurt-based institution will print £43.5billion of new money a month until September 2016 or possibly later – totalling at least £825billion.