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The National (Scotland)
The National (Scotland)
National
August Graham

Pound falls to 37-year low as market waits for result of Tory leadership race

Liz Truss Ipek Ozkardeskaya Pandemic United States
The pound fell below its pandemic lows against the dollar on Monday

THE pound fell below its pandemic lows against the dollar on Monday morning after weeks of weakening, sending it to the lowest point in decades.

It means that it has been 37 years since British holidaymakers in the US, and importers bringing products into the UK, got so little bang for their pound.

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