Pound Falls Against Dollar, Hits 10 Month Low Against Euro – 22 August, 2017

Uncertain post-Brexit trade agreements affected the Pound as it dropped against the Dollar by the most in a week, and hit a 10 month low against the Euro. The Pound fell to 0.4% at 1.2917 on August 18. For the first time in 15 years, Britain posted a surplus for the month of July, however, debt costs are up by 23 percent for the fiscal year.