| 11.12.2008 - Pound falls to record low against basket of currencies |
| From Telegraph: Sterling hit a record low against a basket of currencies today after the pound sank to new lows against the euro overnight, weighed by a grim outlook for the UK economy and the prospect of more rate cuts. Trade-weighted sterling was at 79.7, Bank of England data showed. It was the lowest on a daily basis on BoE data going back to 1990..... Full Article: Source |