Covid-19 – not Brexit – to deliver bloodiest nose to British pound

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Covid-19 – not Brexit – to deliver bloodiest...
 © FinancialMirror 2020

Coronavirus – not Brexit, nor the 2008 financial crash – is likely to deliver the biggest blow to the British pound, warned financial advisory deVere Group’s CEO, Nigel Green, as sterling fell to its lowest level on record against the currencies of Britain’s major trading partners on Tuesday.

The exchange rate, measured against a basket of currencies corresponding to the UK’s trade flows, fell to a low of 72.9, according to the Bank of England. It was slightly up on Wednesday to 74.4.

“These are...


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Covid-19 – not Brexit – to deliver bloodiest nose to British pound


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