May
26

It’s Not Just Hedge Funds: Ordinary Brits Dodge Brexit Risk Too

By

Emma Patcas

Emma Patcas.

Photographer: Stuart Campbell
  • Britons buy euros to lock in exchange rate before vacations
  • Those fearing pound weakness use prepaid cash cards, forwards

Emma Patcas will arrive in Greece three days before the U.K. votes on its membership of the European Union. To make sure a plunge in the pound doesn’t bust her budget, the 26-year-old Londoner bought 600 euros ($671) in early April to spend during the three-week holiday.

“You think: should I hold out and see if it gets better, or should I not?” said Patcas, who is traveling with her boyfriend on June 20. “We just decided it was too much of a risk with all the unknowns of the referendum.”…

It’s Not Just Hedge Funds: Ordinary Brits Dodge Brexit Risk Too

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