Pound Slumps Against Dollar On Credit Rating Fears

The British pound slumped to a seven and a half year low against the dollar Tuesday amid fears that Britain's credit rating could be downgraded if the government has to take over ailing banks.

Topics:  british   britain   pound   dollar   fears   credit rating   
BING NEWS:
  • Pound sterling slumps to $1.24 in the face of dominant dollar
    Sterling's sell-off was accentuated by data out from the US, which showed a smaller increase in the number of jobless claimants than had been anticipated.
    01/2/2025 - 1:29 am | View Link
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