Bruised pound shows signs of resilience

7th August, 2016

While sterling has tumbled versus the dollar since the Bank of England governor Mark Carney announced a suite of measures to support the British economy, the currency only fell to levels seen three weeks ago.

It’s still about 2 per cent higher than the 31-year low reached in the aftermath of Britain’s vote to exit the European Union in June.

Currency investors are considering the trade-off between stimulus measures that tend to...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing