Monday March 30, 2020

Sharp drop in sterling hits hard

Many SME exporters to Britain can do nothing but watch and wait as their bottom line is hit, writes Dick O’Brien.

19th January, 2008

Many SME exporters to Britain can do nothing but watch and wait as their bottom line is hit, writes Dick O’Brien.

Irish exporters are likely to be hit hard by the fall in the value of sterling against the euro, since many rely on Britain as their prime export market. Those selling to the US have already had to cope with the continuing weakness of the dollar. One year ago, 66p sterling would...

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