https://ukinvestormagazine.co.uk/gbp-usd-plummets-towards-1-1000-after-uk-mini-budget/ UK Investor Magazine provides breaking financial news and investment ideas Fri, 23 Dec 2022 06:03:14 +0000 hourly 1 https://wordpress.org/?v=6.8.5 https://ukinvestormagazine.co.uk/gbp-usd-plummets-towards-1-1000-after-uk-mini-budget/#comment-21959 Fri, 23 Dec 2022 06:03:14 +0000 https://ukinvestormagazine.co.uk/?p=59138#comment-21959 […] sold off the currency causing it to reach a low of $1.035 in some regions, sending it to its lowest level against the US dollar since 1985. The Bank of England had to immediately intervene by buying UK Gilds (bonds) which again meant […]

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