Pound hits record low against US dollar BBC News
- 2 years ago
The pound has fallen to a record low against the US dollar as markets react to the UK's biggest tax cuts in 50 years.
In early Asia trade, sterling fell close to $1.03 before regaining some ground to stand at about $1.07 on Monday morning, UK time.
While worries about the UK economy have hit the pound, its value has also been under pressure due to the strength of the dollar.
Please subscribe HERE http://bit.ly/1rbfUog
#UK #US #BBCNews
In early Asia trade, sterling fell close to $1.03 before regaining some ground to stand at about $1.07 on Monday morning, UK time.
While worries about the UK economy have hit the pound, its value has also been under pressure due to the strength of the dollar.
Please subscribe HERE http://bit.ly/1rbfUog
#UK #US #BBCNews