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Pound Plunges to Decades Low as Strikes Ravage Britain
source link: https://www.trustnodes.com/2022/09/01/pound-plunges-to-decades-low-as-strikes-ravage-britain
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Pound Plunges to Decades Low as Strikes Ravage Britain
The pound has fallen to its lowest level since 1985 against the dollar, down to $1.15 per GBP, lower than the $1.19 it reached following the Brexit vote in 2016.
A general strengthening of the dollar is one explanation, but a rise in strike actions now threatens to develop a new crisis in Britain.
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