The British Pound Reaches Record Low Against The U.S. Dollar
Due to fear’s surrounding the stability of U.K Government finances, the British pound has reached a record low against the U.S dollar. The plunge occurred during trading in Asia and Australia earlier today. It was about 5% to just above $1.03 and extended to a 3.6% dive. It bounced back slightly with a rise to $1.07 as European traders came…