The Pound Is Falling Down

The Pound Is Falling Down

The decision of Brexit Britain is bringing many new investments and falls for the country. It is going to affect the stock exchange, the valuation of pounds compared to other currencies and so on. In the same way, when Prime Minister Boris Johnson is about to plan that for the suspension of the parliament on September 9th. This alarming situation is going to shatter the economy, law and order and many other matters in the country.

The decision of Prime Minister is going to take place to stop the passing of a bill which is expected to be represented by the Opposition for Brexit Britain move. The decision of Government is affecting the economy badly and following that pound has been devalued 0.74% compared to the US dollar and 0.62 % compared to the Euro. So at present, one pound is equal to 1.10 euros and $1.22. This alarming situation bringing the economy down and the stock exchange value has also been decreased by 1%. The decision has made a quicker effect on the country and other shortcomings are also expected. So, the government should be ready to deal with such type of situations because it can make the economic condition worse.

 

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