The Mudcat Café TM
Thread #164605   Message #3961850
Posted By: Raggytash
15-Nov-18 - 03:50 PM
Thread Name: Brexit #2
Subject: RE: Brexit #2
I see you have not responded Iains to my observation about the comment of the pound "soaring" of the pound.

.................. I wonder why that is.

I take it you do recall one of your cohorts saying the pound had "soared" when it had risen by one half of one cent.

Not, as I'm sure you understand, even one half of one percent.

As I'm sure you realise the pound PLUMETTED from 1.31 before Brexit to a distinctly lower amount afterwards.

The attached website would seem to claim that the pound loss 19% post Brexit, not one half of one cent but a full 19%

Link

Can we hope for an improvement in the value of the pound?