Tuesday, July 5, 2016

Bloomberg: Pound Slides Past $1.30 to Lowest in Three Decades: Chart

Bad news for UK companies buying in $USD or Euros.

From Bloomberg, Jul 5, 2016, 9:25:05 PM

The drop deepened for sterling. After stabilizing early last week following the post-Brexit tumble, the pound fell for the fourth day in five Wednesday, nearing its lowest level since 1985.

To read the entire article, go to http://bloom.bg/29gE3Gb

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