GBP/USD

2022 - 9 - 23

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Image courtesy of "Anadolu Agency"

British pound slumps to 37-year low against US dollar (Anadolu Agency)

GBP/USD rate falls below 1.12 for first time since January 1985 - Anadolu Agency.

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.](https://www.aa.com.tr/en/p/subscription/1001) The drop came a day after both the US Federal Reserve and the Bank of England hiked interest rates by 75 and 50 basis points, respectively.

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