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Tag: British pound sterling

Pound Plunge: Don’t Blame Kwasi

Sven R. Larson October 2, 2022

There was no ‘crash’ of the pound. The big rate increase by the Federal Reserve simply created an irresistible opportunity for investors to make some good money, and do it safely.

Pound Sterling’s Historic Drop Nears Parity with Dollar

Bridget Ryder September 28, 2022

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.

Dollar Gains on Euro and Sterling

Sven R. Larson March 16, 2022

At $1.0943 per euro on March 14th, the dollar stood at its strongest against the European currency since April 2019.

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Issue 27, Summer 2023

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