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Pound Sterling

Pound Sterling

Despite the focus on the US Dollar, I have always said that the Pound Sterling is the most powerful money in the world and now it is 2 for 1 against the green back! What do you think... is it a passing phase or will the pound hold to this figure?

Sterling Pound

Pound slides on political turmoil

The pound falls against the dollar and euro, hit by uncertainty over the UK's political situation after a third minister resigns. Ref. Source 1

Pound Sterling History & Civil Business Politics

Pound plumbs five-month euro low

The pound has fallen against the euro and the dollar amid a warning that UK public debt levels may not be sustainable. Ref. Source 1

Sterling Pound

Plunging value of pound leaves £1.3bn black hole in Britain's defence budget:

The warning is the latest, and most severe, indication of the damage that falling exchange rates have had on the Government's ability to act abroad. Ref. Source 6

Sterling Pound

Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

Billionaire financier Jim Rogers, former George Soros partner, predicts GB Pound is on the brink of a collapse, foreshadowing a huge global economic shakedown, worse than 2008/9. Ref. Source 3

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Pound under attack as debt worries grow:

George Papandreou, the Greek prime minister, will hold talks with Angela Merkel, the German chancellor, on Friday. Their meeting comes amid a report that a German-led bailout for Greece will involve KfW, the state-owned development bank, buying or guaranteeing Greek government bonds. Ref. Source 2

Pound Sterling

Pound falls again on deficit fears:

Sterling drops below $1.50 on warnings from ratings agency Fitch - January's trade gap nears £8bn adding to pressure on pound Ref. Source 2

Pound Sterling

Pound slumps on unclear election

The pound and shares fall sharply as it becomes clear that the UK general election has produced no clear majority. Ref. Source 1

Pound Sterling Politics Business Civil & History

Pound Strength Is 'Crippling' Britain's Recovery, Civitas Says

Britain's exchange rate is "crippling" the economic recovery, and devaluing the pound by as much as 25 percent could push growth back to an annual 4 percent, research group Civitas said. Ref. Source 7