Pound falls on UK political wrangles

28 July, 2011

CurrencyIndex

Sterling is falling this morning on the back of fierce economic arguments between the government and opposition. The credibility of plans for economic recovery is being called into question – and jittery markets are selling off the Pound.

In an election year we are likely to see a lot of such volatility, so if you need to send money overseas do consider fixing your exchange rate sooner rather than later.