Sep 26, 2022
The British pound plunges towards parity against the dollar
A strong U.S. dollar is great for Americans who want to buy foreign products. For American companies that sell products abroad? Not so much.
Matt Cardy/Getty Images
From the BBC World Service: Sterling bottoms out at a low not seen since the U.S. dollar was created 230 years ago. The markets saw a continued sell off of the British currency after huge tax cuts were unveiled by the U.K. treasury last week. And in Italy, Giorgia Meloni seals victory for the far right after touting tax cuts, immigration restrictions and Euroskeptic economic reforms.
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The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Redmond Carolipio
Digital Producer
Ariana Rosas
Producer
Jarrett Dang
Digital Producer (gone fishing)
Jesson Duller
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Brian Allison
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Nick Esposito
Media Producer
