Aussie Dollar 'still pretty good value'

By Mozo ·

Aussies who are concerned the recent decline of the Dollar will scupper their chances of securing the best exchange rates on foreign currency have been told that all is not lost.

Christmas holiday bookings have slowed in recent days because of the Dollar's fall, but chief executive of the Australian Federation of Travel Agents Jayson Westbury told the Sunday Herald Sun that "the Dollar's dropped but it's still pretty good value".

However, he suggested that while Aussies looking to head overseas next month have plenty of options, many may look to go on a domestic holiday.

"All the bookings that were already made are holding, but we're seeing a patchy tail end," he was reported as saying.

Travel Managers chairman Barry Mayo said that of those who have already booked their foreign vacations during the festive period, Fiji, Hawaii, California and New York are popular destinations.

News of the slow uptake of bookings appears to conflict with the thoughts of bosses at Cheapflights.com, who recently predicted tour operators would slash their prices heading into December, which would encourage more Aussies to venture abroad.ADNFCR-1761-ID-801223238-ADNFCR