Pound plummets to 37-year low against dollar ahead of Kwarteng’s mini-budget

Pound plummets to 37-year low against dollar ahead of Kwarteng’s mini-budget

City A.M.

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 The Pound has plummeted to a fresh 37-year low against the dollar ahead of the Chancellor’s mini-budget today.  Sterling dropped below $1.12 against the backdrop of a new low for consumer confidence, while FTSE 100 fell early.  The pound has been on a poor recent run, with it announced this week the UK borrowed more [...]

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