Market Report: BRITISH POUND DROPS TO RECORD LOW AGAINST THE DOLLAR

Market Mondays

EYL Network

Business, Entrepreneurship, Investing

5.0 • 4.1K Ratings

🗓️ 7 October 2022

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this Market Report we talked the fall of the British Pound and the rise of the Dollar. #uk #Britishpound #usd

Link to episode: https://youtu.be/38IrquPpNqM

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Transcript

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0:00.0	Let's get into the first topic.
0:02.1	Yeah.
0:03.0	I want to talk about the full of the British pound.
0:08.7	So this is something that a lot of attention has been made.
0:14.8	I made a post on put on Instagram.
0:17.0	It got a lot of attention.
0:18.1	We're coming to learning.
0:19.0	So it's something that's relevant.
0:20.7	And this is the lowest I believe that the British pound
0:23.5	has fallen to the dollar ever.
0:26.0	I think it's that $1.07.
0:28.9	Yeah.
0:29.4	That is low as 103.
0:30.6	To every $1.
0:31.6	So it's almost equal to the dollar.
0:35.0	And come on understanding this is for a variety of different reasons.
0:38.6	But there's some economic issues right now
0:40.8	that are trying to have tax rates and some incentives for businesses.
0:46.7	But people are saying that's only going to really impact the wealthy.
0:50.8	Of course, the clean is not there.
0:54.3	And some economic troubles.
0:57.8	That is the world is having.
	...

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