British Pound sinks further after Boris Johnson’s request to suspend Parliament – TheLiberal.ie – Our News, Your Views

British Pound sinks further after Boris Johnson’s request to suspend Parliament




The value of the British Pound remains in freefall, with the latest tumble happening in the wake of Boris Johnson’s request to suspend Parliament from mid-September.

One pound would buy you €1.10 and $1.22 today, respectively. Sterling saw almost one full percentage of its value after Mr. Johnson’s announcement.

Experts predict that Sterling will continue to devalue, particularly if a no-deal Brexit comes to pass, as it now seems more than likely.

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