rate cut in UK

This tag is associated with 2 posts

The relationship between UK current account deficit and EUR/GBP exchange rate

Stefano Fugazzi (ABC Economics) reports As noted in the July issue of ‘The World of ABC Economics’, Britain’s current account deficit (see Note) has been a cause of concern for many economists who have been trying to project the value of the pound. The graph below shows how the level of current account deficit in Britain is susceptible to … Continue reading

Here’s why the British pound could depreciate further

Click here to download your FREE COPY of the July 2016 issue of the ABC Economics Magazine “The Brexit Delusion” Stefano Francesco Fugazzi  reports. According to a number of leading economists, the British pound is too strong, hurting both exports and current account balance. In the aftermath of the Brexit vote, the British pound lost ground … Continue reading

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