| From Forbes: Amid the recession, many British companies have been hoping that the weaker pound would give a boost to their sales overseas, and perhaps even help the U.K. economy. Don't count on it.
The healthy profits that Vodafone and Imperial Tobacco attributed to the fall in sterling on Tuesday are unlikely to be repeated again. While the pound was the big loser among major currencies in 2008, dropping 30.0% against the euro and around 25.0% against the dollar over the year, it looks set to gain strength against the euro in the coming months. .... Full Article: Source
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