![The British pound on Friday slumped to its weakest against the US dollar since 1985. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/NOILC7YDHJ6ASWFO6AWHXHHRYU.jpg?smart=true&auth=0ddaa65583962d42c89d440b35ae8778a5fcd4043c628c443c3802def0d47936&width=400&height=225)
The British pound on Friday slumped to its weakest against the US dollar since 1985. Reuters
The British pound on Friday slumped to its weakest against the US dollar since 1985. Reuters
Former US treasury chief Summers warns pound may drop past $1 on ‘naive’ UK policies
Lawrence Summers said Britain is behaving 'a bit like an emerging market turning itself into a submerging market'
Bloomberg
September 24, 2022