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Jean Eric

Sterling strength threatens export-led revival - 1 views

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    This is a perfect example of how a currency's value can effect the economy. In this case the article states that the appreciation of the the pound or sterling could effect the hard earned growth of the economy due to there being an increase in exports when the stirling was at a low of $1.49 and now that the value of the stirling is rising it will cause the costs of importing countries to increase and therefore lead to less imports ultimatley leading to less led exports, in the case of Britain. "The higher pound is going to be an issue for some exporters," said Lee Hopley, chief economist at EEF, the manufacturers' organisation.
Matthew R

Canadian Dollar to Pound Sterling (CAD/GBP) Exchange Rate Little Changed, CAD/USD Fluct... - 0 views

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    In this Article, Canada (the country that I am from) has its currency exchange rate compared to other nations and other currencies. The Canadian dollar to British Sterling did not change much recently as it remained at .6037 to the British Sterling. This means that 1 Canadian dollar would get you 60 pence. Also, the CAD - USD exchange rate continues to fluctuate. Right now the CAD is at .96 cents USD.
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