Quote:
Originally Posted by Maggy J
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Suggest you look at a graph of sterling over the last few few decades - it's been up and down like a yoyo. Currencies tend to fluctuate according to all sorts of factors, some of which have little or nothing to do with internal fundamentals. Much of the world is still struggling to recover from the aftermath of 2007/8 and IMHO the legacy of that, PLUS Brexit uncertainty will continue to affect our currency. Once the Euro bad news starts to focus a few minds, however, Sterling will recover just like it has done before and at that point everyone will start banging on about how that will adversely affect our exports...