Pound hits new 37-year low as retail sales slide

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The risk is that a weaker currency, makes imports of essentials, from energy to food, more expensive, prolonging the period of high inflation. And if the UK’s nearest trading partners are also in recession, exporters will not see significant benefit from a weaker pound.

https://www.bbc.co.uk/news/business-62923994?at_medium=RSS&at_campaign=KARANGA,

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