Can you Hear the Pound Drop?

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Bella Caledonia
Can you Hear the Pound Drop?

This is the first in a regular Bella column on matters economic. The big news this week was the noise of the pound sterling hitting the floor. Crash, bang, wallop! Sterling dropped to its lowest level against both the euro and the dollar in the past year. George Kerevan reports. The key thing to note is that the foreign exchange markets don’t work on political sentiment but on making money. The pound took a nosedive because the markets have decided…

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Bella Caledonia
Can you Hear the Pound Drop?