| The British pound isn’t looking too great. After suffering its biggest one-day drop on record immediately after June’s Brexit vote, renewed losses have seen it slump to a historic low against a global basket of currencies this week.
The Bank of England’s Broad Effective exchange rate index is an overall measure of sterling’s value, weighted by the value of the UK’s trade in goods and services with the rest of the world. This index has fallen to its lowest level since daily records started in 1990, meaning the pound is now lower in value against its main trading partners than at any time previously during this period..........................................Full Article: Source
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