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Graphic Truth

The Graphic Truth: The tumbling British pound

A graph showing the value of the British pound against the US dollar (2000- Oct 2022)
GZERO Media
By Gabrielle Debinski,
Gabrielle Debinski

Gabrielle Debinski is a former senior writer at GZERO Media.

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Luisa Vieira
Luisa Vieira
Luísa is a former graphic designer at Eurasia Group and GZERO Media.
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October 17, 2022
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UK Prime Minister Liz Truss’s recent attempt to stimulate the country’s inflation-ridden economy by pushing for massive tax cuts has sent the markets into a tailspin and caused the British pound to plummet in value against the US dollar. But even before this episode – and the government’s subsequent policy U-turn – sterling had been steadily declining amid the Brexit fallout. It also doesn’t help that the US dollar is at its strongest level in years. We take a look at the value of the British pound against the greenback since 2000.

graphic truthsterlingbritish poundliz trussus dollargbp to usd exchange rate

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