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Jim Rogers says pound may approach dollar parity

Posted on 27 January 2009

From Guardian: Jim Rogers, one of the world’s best known investors, said on Monday the pound could fall near parity with the dollar in coming years given Britain’s increasing debt and lack of economic growth drivers.

Rogers said last week the pound was “finished” and people should avoid investing in Britain, leading to a retort from Prime Minister Gordon Brown that economic policy would not be influenced by speculators….. Full Article: Source


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