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It devalued instantly after the unexpected voting result, but has since then recovered. Compared to historical shifts over past decades, the impact of Brexit i
by ptaipale 8y ago
It devalued instantly after the unexpected voting result, but has since then recovered.
Compared to historical shifts over past decades, the impact of Brexit is not very visible on a chart. The falls from 1970 to 1975, or 1980 to 1985, or in 2008, are clearly more dramatic.
https://www.poundsterlinglive.com/bank-of-england-spot/historical-spot-exchange-rates/gbp/GBP-to-USD https://www.poundsterlinglive.com/bank-of-england-spot/histo...
"Recent reports" are many and contradictory, as usual.
- sys_64738 8y agoRecovered? Nonsense. The historical trend for the pound is to be worth $1.5 whereas it’s trundled along around $1.2 since. Stop making up excuses for the disaster that is brexit. No sane nation would leave the EU.