Tuesday, December 6, 2022

Pound slumps to all-time low against dollar

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Peter Escho, the co-founder of investment firm Wealthi, said: “All currencies are getting sold off against the US dollar, so there is a large element of US dollar strength. But with the pound, it has really been exacerbated by news that the new government will be cutting taxes, which is inflationary.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: BBC News

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