Latest Markets Business BEEPS Earnings Personal Finance

Pound Decline May Not Provide Much Help to U.K. Trade

Pound Decline May Not Provide Much Help to U.K. Trade

Fergal O'Brien

(Bloomberg) --

The pound’s latest slump is unlikely to provide a fillip to U.K. exporters, if recent history is a guide. Sterling’s decline after the 2016 European Union referendum, which coincided with a period of global strength, didn’t see the economy enjoy a boost from net trade. Now, with world demand on a downturn, it will be even harder to reap the benefits of a weaker currency.

To contact the reporter on this story: Fergal O'Brien in Zurich at fobrien@bloomberg.net

To contact the editors responsible for this story: Craig Stirling at cstirling1@bloomberg.net, Brian Swint, Zoe Schneeweiss

©2019 Bloomberg L.P.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Beeps Img

JPMorgan Is Cutting India Concentration In Emerging Markets Index — Here’s Why

  • chevron-double-right India's weighting in JPMorgan's emerging markets bond index will be reduced to 9% from 10%, a source said
  • chevron-double-right The adjustment is planned for the first half of 2026 and applies to all countries in the index
  • chevron-double-right The change aims to address investor concerns on concentration and improve regional balance
More Beeps chevron-right

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
JPMorgan Is Cutting India Concentration In Emerging Markets Index — Here’s Why
2
ITR Filing 2025 LIVE Updates: CBDT Extends Return Filing Deadline By One Day To Sept 16
3
Stock Market Today: All You Need To Know Going Into Trade On Sept. 16
4
BMW Crash: Delhi Court Sends Woman Driver To 2-day Judicial Custody, Accused Moves Bail Plea
5
Stock Market Live: GIFT Nifty Indicates Muted Start; Asian Markets Track Wall Street Rally