not even Merv could keep the £ falling against the €!mulberryhawk wrote:would that be the currency debauchment that has seen sterling gain nearly 10% on the euro in the last six months ?superfrank wrote: nope, it's due to currency debauchment via QE.
checkout the £ against the Yen, Singapore dollar, Aussie dollar etc.
http://uk.finance.yahoo.com/echarts?s=G ... =;range=5y
http://uk.finance.yahoo.com/echarts?s=G ... =;range=5y
http://uk.finance.yahoo.com/echarts?s=G ... =;range=5y
for a country with a dreadful trade balance that equals inflation.