Monday, September 26, 2022

British pound plummets to record low against the dollar

The British pound crashed to a record low against the US dollar on Monday on growing fears about the stability of UK government finances.
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British pound plummets to record low against the dollar
The British pound crashed to a record low against the US dollar on Monday on growing fears about the stability of UK government finances. Read more »
 
UK authorities try to calm panicked markets
UK policymakers are trying to calm markets after a plan by Prime Minister Liz Truss to cut taxes while ramping up borrowing sparked panic among investors worried it could feed inflation and destabilize government finances. Read more »
 
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US markets fall sharply with British Pound at a new low
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Dow Nasdaq S&P
-329.60   -65.00   -38.19
29,260.81   10,802.92   3,655.04
-1.11%   -0.60%   -1.03%
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Las Vegas Sands Corp +11.81%
 
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Oil $76.30 -2.44 / -3.10%
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10-yr 3.88% +0.18
Euro $0.96 -0.01 / -0.79%
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