The pound has been dropping steadily against the dollar all day, and is now at $1.48 and falling ..
See graph here (To get GBP/USD, click "File" then "Change Symbol".)
Mind you, it may not be all doom and gloom, as it does make UK exports cheaper.
See graph here (To get GBP/USD, click "File" then "Change Symbol".)
Mind you, it may not be all doom and gloom, as it does make UK exports cheaper.
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