Sterling sinks to 13-month dollar low - Finance & Money Forums

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Sterling sinks to 13-month dollar low

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05-17-2010, 07:02 PM

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Sterling sinks to 13-month dollar low

Britain’s ongoing deficit worries continue to weigh heavily on the economy and this was evident after the pound fell to a 13-month low against the dollar today.Sterling fell as low as $1.4249 – its lowest level since March 2009, before recovering to $1.4435 – down 0.7% on the day.Today, at his first press conference as [...]

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