Sixteen months on and again we find the £ at USD 1.30 / THB 43.
After rising from those doldrums over the course of the past year the £ has fallen with eight months to go until B-Day* .
Possibly the BoE is positioning British manufacturing and goods as an economical deal to assist exporting at lower conversion rates to new international trade partners.
Sadly it's remains a serious WTF for pensioners particularly those who are residing overseas.
This is a huge worry for all pensioners regardless of their citizenship once currency mechanisms tilt their actual purchasing power and savings downward.
* Brexit Day