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the British pound touches a record low against the dollar as investors make known their displeasure over Londons big spending plans even a reassurance by the bank of England hasnt helped its been a volatile year for currencies ask anyone holding Yen rubles or Euros even Bitcoins but thats not the value of a cryptocurrency that youre about to see here its the British pound which fell Monday to a record low against the dollar its the market reaction to the so-called mini budget put forward by the new conservative government at the end of last week which included some of the biggest tax cut tax cuts in 50 years now investors are not happy and thats pushing up the cost of government borrowing to recent highs now the bank of England even weighed in saying its monitoring the developments in the financial market and would not hesitate to change interest rates by as much as needed but even those remarks havent taken pressure off of the pounds a public opinion in the UK has meanwhile
