Sterling exchange rate GBP│Is inflation not high enough? British economy actually learned from Turkey


2022-09-27: [Chinese Article Link] Following the announcement of a massive tax reduction scheme, the £ transfer rate fell to a half-century low today. According to Reuters and the British Broadcasting Corporation (BBC), in Asian morning trading yesterday, 26 September, the £-to-dollar rate fell significantly to its lowest level in 1971.


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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Sterling exchange rate GBP│Is inflation not high enough? British economy actually learned from Turkey


2022-09-27: [Article Link] Following the announcement of a massive tax reduction scheme, the £ transfer rate fell to a half-century low today. According to Reuters and the British Broadcasting Corporation (BBC), in Asian morning trading yesterday, 26 September, the £-to-dollar rate fell significantly to its lowest level in 1971.

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.