Slide of GBP since 1979

28th August 2019 / NewsBits

On August 28th 1979 – 40 years ago to the day, the British currency – Sterling was trading at 2.25 USD to the GBP. Right now it is 122 USD, an overall fall of 44.5 per cent in value and sliding further. With a no-deal Brexit, some analysts are even predicting USD parity to Sterling.

 

 

 

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