Future of Sterling? – Western Financial Weekly by Reza Irani Kermani

Future of Sterling? By Denning Cox

April 2019 -Given the uncertainty of Brexit and the low interest rate environment, the British Pound has weakened against most currencies and particularly against the Greenback.

As most traders refer to it, “cable” is under pressure due to the fact that the UK government has made a mess of Brexit, driven major investors out due to new legislations targeting non-domiciles and a general lack of interest in the real estate market due to high stamp duties.

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