Pound recovers but remains at low levels – how to assess the long-term value of sterling
- Written by Ganesh Viswanath-Natraj, Assistant professor, Warwick Business School, University of Warwick
The value of the British pound has taken a battering in recent months.Yulia Grigoryeva / ShutterstockThe pound has recovered from a recent record dip after the chancellor’s mini-budget announcement. But it is still at low levels versus many other currencies.
The recent decline can be mostly attributed to the tax cuts announced during...
