
UK Money blog provides news and comment on the world of money, finance and investment. We cover mortgages, loans, leasing, insurance, credit cards, property, savings and taxation.
11 May 2010
Markets Incredibly Stable During Political Turmoil
I find it amazing how stable the Sterling exchange rate is versus the major gobal currencies of the US Dollar, Euro and Japanese Yen during this period of unprecedented political turmoil. If we take out the fluctuations due to the Greece crisis there has been very little downward movement in Sterling
during a period when there is a real possibility of a Labour/Liberal pact.

Labels:
Political,
UK Currency
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment