Cash Shortages as Holidaymakers Rush to Buy Euros and Dollars Ahead of Brexit Vote

The rush for foreign cash suggests holidaymakers are locking in exchange rates ahead of Thursday’s vote

by Szu Ping Chan

Holidaymakers have stockpiled dollars and euros ahead of the EU referendum and travel money outlets have come close to running out of cash amid the surge in demand.

Concerns that a Brexit vote could hit sterling saw long queues form outside bureaux de change across the country as Britons locked in exchange rates before Thursday’s poll.

The Post Office, which processes one in four of all UK foreign exchange transactions, said currency sales jumped 74pc year-on-year on Tuesday, with branch sales up 49pc, and online demand 381pc higher.

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