Pound achieves ten-year high against Russian Ruble
15 Oct 2014
- Pound at best rate against Russian Ruble for the first time in over ten years
- Brits exchanging £500 would receive an extra 11,176 Rubles (£183) compared to November 2008
Pound Sterling is at its best rate against the Russian Ruble for the first time in more than ten years, following the drawn-out decline as Russian oil prices tumble to new lows.
Brits planning a trip to Russia will now receive an additional 11,176 Rubles (£183) on every £500 exchanged, compared to November 2008 when the Pound was last at a comparable low.
David Swann from Travelex comments: “It’s extremely rare for the Pound to achieve a high of more than ten years against any currency so this is astounding. For Brits planning a trip to Russia or for expatriates planning a trip home this positive news will make a considerable impact on their spending . In recent weeks the Pound has slumped against the majority of the other major currencies.”
Those looking for a great rate on Russian Rubles should order online from https://www.travelex.co.uk, where foreign currency is available for home delivery and in-store collection – meaning you can pick it up just before you fly out.
Travelex is the world's largest foreign exchange specialist with almost 1,500 stores and 1,250 ATMs across 28 countries, at key airport, seaport, rail and tourist locations. Over 40% of travellers - 1.7 billion passengers a year - pass through airports where Travelex operates including the major gateways at Amsterdam, Beijing, Frankfurt, Hong Kong, London, Mumbai, New York, Paris, Sydney & Tokyo. Every hour, Travelex provides foreign currency to more than 2,000 customers.