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
Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8
Sent from a mobile device.
No comments:
Post a Comment