Namaste, iam Lucy Parnell, Hope you’re having a great day!
What Happens If The Pound Crashes? [Solved]
Well, the Bank of England’s in a pickle! The pound’s dropping like a stone, which means they gotta raise rates to keep inflation in check. It’s all ‘cause energy costs are skyrocketing and you need dollars to buy it. So, the lower the pound goes, the higher interest rates have to go too.
