International
https://finance.yahoo.com/quote/GBPUSD=X/
The UK imports more than it exports. Anything you buy that comes from outside the UK is going to cost you more because of the weakening pound. So whether it is an orange or a Ferrari it will cost you more.
The main factor affecting the exchange rate is the ongoing result of government policy.
International
Explanation of the continuously updated figures :-
The leftmost figure is the number of dollars that a pound is worth.
The middle figure is the difference between the start of day figure and now.
The rightmost figure is the difference between the start of day figure and now expressed as a percentage of the start of day figure.
The dollar is the most widely used currency for international trade and other transactions around the world.
1.0777-0.0070 (-0.5633%)
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From Friday morning, throughout the weekend and thus far today the pound is the world's worst performing currency. Overnight it reached its lowest ever level.
Since the start of this year its value has dropped by 21%.
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