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.
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