Pound close to $2 exchange level
 A stronger pound will have a mixed impact on the UK economy |
The pound rose above $1.99 on currency exchanges, almost breaking the key $2 rate. Against the yen it hit 241.42, a level not seen since September 1992.
Analysts said the shock interest rate rise by the Bank of England had seen many investors shift into the pound and sterling-denominated assets.
What's that bring the average pint of the black stuff to in USD? 6?
ReplyDeleteSounds about right... depends on the bar.
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