Here's a chart of the recent pound/dollar exchange rate. If you study it long enough, you *might* be able to spot the point at which Boris Johnson became PM...
And here's the euro chart. Similarly tricky, but you'll get it eventually, like one of those magic 3D photos...
Gallows humour of course. Boris Johnson has wiped 2.8% off the pound vs the dollar, and 3.5% off the pound vs the euro. That's quite a hefty chunk! And the pound has now settled at the new low for several weeks, so it's more than a blip. And with stockpiling/Christmas looming...
Put it like this: it's not going to make preparing for Brexit any easier, that's for sure! And of course if the no deal drum gets louder and louder, we will look back on these days of a "strong" pound with a wistful tear.
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