09-23-2022, 10:31 PM
Why is GBP down so much today after the government announced pro economic policies?
<!-- SC_OFF --><div class="md"><p>Hi All,</p> <p>Trying to wrap my head around this, I thought a stronger economy meant a stronger pound. </p> <p>Is it to do with the need for higher interest rates maybe? I wanted to get the opinions of people who actually know what they’re talking about.</p> <p>So why is it down today?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Needimprovenentguy"> /u/Needimprovenentguy </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/xlwrfz/why_is_gbp_down_so_much_today_after_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/xlwrfz/why_is_gbp_down_so_much_today_after_the/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Hi All,</p> <p>Trying to wrap my head around this, I thought a stronger economy meant a stronger pound. </p> <p>Is it to do with the need for higher interest rates maybe? I wanted to get the opinions of people who actually know what they’re talking about.</p> <p>So why is it down today?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Needimprovenentguy"> /u/Needimprovenentguy </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/xlwrfz/why_is_gbp_down_so_much_today_after_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/xlwrfz/why_is_gbp_down_so_much_today_after_the/">[comments]</a></span>