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Pound Sterling’s Historic Drop Nears Parity with Dollar
The pound dropped to as low as $1.0327 on Monday, an 8% fall that started on Friday, September 23, following new Finance Minister Kwasi Kwarteng’s unveiling of historic tax cuts.
The pound dropped to as low as $1.0327 on Monday, an 8% fall that started on Friday, September 23, following new Finance Minister Kwasi Kwarteng’s unveiling of historic tax cuts.