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Pound Plummets To Record Low Against U.S. Dollar After U.K. Signals More Tax Cuts

Por: Forbes Business September 26, 2022

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Updated Sep 26, 2022, 04:17am EDTTopline The British pound slumped to an all-time low against the U.S. dollar early Monday morning as markets reacted negatively to the new government’s signals that it will pursue more aggressive tax cuts, while it also attempts to subsidize spiraling energy costs for households and businesses. The British pound briefly fell to an all time low of $1.035 against the U.S. dollar on Monday ... [+] morning.Anadolu... + full article



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