DaveXF
Well-Known Member
- Messages
- 96
Single day drop...yes.Sorry, just not true. The crash in the pound that followed the Brexit vote was the largest single-day drop that any of the four global currencies in which bulk of global hard cash reserves are held has seen since the collapse of Bretton Woods in the early 70s. To put it into perspective, it was twice as bad as Black Wednesday.
And of course there's the stuff that the "Open Insulin Project" has done...
However, it could be argued that sterling was very much over valued .