4 ms·
The FTSE100 does well when the pound drops against the dollar, as about 70% of revenues generated by FTSE100 companies comes from outside the UK. When the pound
by EliRivers 4y ago
The FTSE100 does well when the pound drops against the dollar, as about 70% of revenues generated by FTSE100 companies comes from outside the UK. When the pound drops, their revenues (measured in pounds, at least) go up.
The FTSE250 is down 7% over 5 days.
- deleted 4y ago[deleted]