Tag: Economy Slumps
British Pound Declines as Economy Slumps, Home Sales Tumble
By Matthew Brown
Jan. 13 (Bloomberg) — The pound fell against the dollar and the euro as reports showed the U.K. economy slumped the most in two decades and home sales dropped to the lowest level since at least 1978.
Posted: January 14th, 2009 under News.
Tags: Bank of England, BNP Paribas, British Pound, currency, Dollar, Economy Slumps, Forex, FTSE 100 Index, Gilts Decline, Global Recession, MSCI World Index, Rate Assumptions, Royal Institution of Chartered Surveyors, The British Chambers of Commerce, Yen
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