"Will the pound recover??
The U.K is officially in a recession. According to Foreign Currency Direct this represents the biggest decline since 1980. The same quarter a year ago there was a fall and a 1.8% fall on.
A 24-year low against the dollar, with one pound buying $1.355.
The FTSE 100 index fell almost 2%, below 4,000 points.
Can it be worst?
Read the full report here
Foreign Currency Direct:
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