What a Historically Low British Pound Means for Investors

The British pound sank after the U.K. government unveiled its largest set of tax cuts in decades. Here's what that means for U.S. investors.

large currency symbol of british pound
(Image credit: Getty Images)

The British pound recently fell to its lowest value ever relative to the U.S. dollar. So if you're thinking of traveling to the United Kingdom for a fall visit, you couldn't have asked for better timing from a currency exchange perspective. Your money will go farther across the pond than it ever has.

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Will Ashworth
Contributing Writer, Kiplinger.com

Will has written professionally for investment and finance publications in both the U.S. and Canada since 2004. A native of Toronto, Canada, his sole objective is to help people become better and more informed investors. Fascinated by how companies make money, he's a keen student of business history. Married and now living in Halifax, Nova Scotia, he's also got an interest in equity and debt crowdfunding.