| 12.11.2008 - Pound hits 12-year trade-weighted low |
| From Reuters: The pound fell to a fresh 12-year low against a basket of currencies on Tuesday and close to record lows against the euro as investors shunned riskier assets and after another batch of weak economic data. One report showed a measure of home sales at their lowest in October since the series began 30 years ago, and another showed the biggest drop in retail sales for three years..... Full Article: Source |