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Old 10-25-2008, 11:08 AM   #1
Swanny
I dont need a label !
 
Join Date: Sep 2008
Location: The Shire of Wilt
Posts: 2,889
Default Pound suffers worst fall in 41 years

Quote:
As foreign investors abandon the UK, the pound has lost a quarter of its value against the dollar over the past year – more than was suffered in 1967, 1976 or in the year after 1992's Black Wednesday. Sterling yesterday suffered its biggest intra-day fall in recorded history, dropping at one stage by 9.6 cents against the dollar, and falling to its lowest overall level in 12 years.


http://www.telegraph.co.uk/finance/f...-41-years.html

Ouch!!!!
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