Dollar Gives Sterling Another Pounding

Daily MailAugust 30, 2008

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Summary


BRITAIN's damp August has proven to be wash-out for sterling. The pound has suffered its most dramatic monthly decline against the dollar since October 1992, the aftermath of the Exchange Rate Mechanism crisis.

The pound has fallen to $1.82 against the greenback, down 8pc on the month.

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Dollar Gives Sterling Another Pounding

The tumbling value ...

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