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Evening Standard
Evening Standard
World
Jonathan Prynn and Henry Saker-Clark

Pound plummets to fresh 37-year low as markets are spooked as mini-budget unveiled

Britain was facing a full blown currency crisis on Friday as the pound went into free fall after Kwasi Kwarteng’s mini Budget.

The value of sterling lurched downwards well over three and a half cents against the dollar during the day to a new 37 year low of $1.0899.

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