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South Africa's popularity 'growing'

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27 October 2009

Interest in South Africa as a holiday destination is growing among people in the UK.

That is the observation of American Express Global Foreign Exchange Services, which has released its latest currency index.

The popularity of the rand was shown to have increased over the last year, rising one place in the table.

And director of trading and business development Terry Pippin predicted that this trend is likely to continue in the first half of 2010, as interest in the country grows as a result of a major sporting event.

"With South Africa being the host to the much anticipated 2010 World Cup, we expect its currency to be a significant 'mover'," he said.

The football finals were recently highlighted as a major reason that many people will travel to the destination by Sean Tipton, spokesman for ABTA - The Travel Association.

He added that it is also likely to attract Brits seeking winter sun this year.


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