Bulgaria: The British Pound Plummeted to an All-Time Low against the Dollar

Novinite | Sep 26, 2022 at 2:00 AM
  • The British pound fell to its lowest level against the US dollar since 1971.
  • The British currency came under pressure after the dollar was supported by the US central bank.
  • In morning trade in Asia, the Euro also hit a fresh 20-year low against the dollar on investor concerns about the risk of a recession as winter approaches with no sign of an end to the energy crisis or the war in Ukraine.