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A comment on Sri Lanka is having a textbook currency crisis, triggered by policy mistakes. Parent comment
https://www.macrotrends.net/2549/pound-dollar-exchange-rate-... : ouch. Hard to believe it was £1.70/$ only eight years ago. The referendum itself slips it from $1.45 to $1.30 and it never really gets back up again.
I wonder how long the government will last with energy bills doubling and diesel hovering around £2/l.
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https://www.macrotrends.net/2549/pound-dollar-exchange-rate-... : ouch. Hard to believe it was £1.70/$ only eight years ago. The referendum itself slips it from $1.45 to $1.30 and it never really gets back up again.
I wonder how long the government will last with energy bills doubling and diesel hovering around £2/l.