Poundland

08Oct16

pound-coins

The British pound is losing its value.

Shortly after currency markets opened in Asia on Friday, the pound lost as much as 6.1 percent to $1.1841 in two minutes. It was the currency’s lowest level since May 1985 and the biggest drop against the US dollar since its 11.1 per cent plunge on June 24, in the wake of the UK’s vote to leave the EU.

Today the British pound is only worth 1.11 Euro. The irony is, the pound is in trouble because of the people who voted for Brexit. They’re the same people who didn’t want us to adopt the Euro as our currency. Well, the pound only has to drop another 11 cents and we’ll have the Euro because that’s all a pound will be worth.

Craic on!

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