Who's afraid of the falling pound?



Click to see content: pounddollar111016 The pound has fallen dramatically since the Brexit vote at the end of June.
OK, investors have been known to overreact to dramatic events and sell too hard and too fast but regardless, the lower level of sterling is having a widespread impact across many aspects of our lives - and it looks like it's here to stay.
Get used to the new low.
I was reading that the pound now buys less than €1 in some places, last year I was getting €1.35. If I don't eat out on holiday, will I avoid the worst effects? If you're holidaying in Europe, you will see just about... read more

 
11 October 2016 in Business, Views: 33
Source: BBC
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