Pound's Fall Continues To USD1.48
Published / Last Updated on 11/11/2008
Pound's Fall Continues To $1.48
The pound has fallen to its lowest rate against the dollar for six years.
This has been caused by market views that the UK will feel recession harder than any other developed nation.
Given that the pound was at over $2 earlier this year, it has fallen over a quarter in value in the last 4 months.
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