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https://www.barrons.com/articles/dollar-strength-euro-pound-yen-51663922410

The British pound tumbled to fresh 37-year lows against the U.S. dollar Friday after the U.K. government unveiled its growth plan, which includes a raft of tax cuts.

Sterling was 2% down at $1.1034 into afternoon London trading after the country’s new chancellor, Kwasi Kwarteng, delivered a speech to Parliament, outlining a mini-budget. It’s the pound’s lowest level since 1985.

The British pound tumbled to fresh 37-year lows against the U.

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