Episode details

News,26 Sep 2022,5 mins

The plunging pound...and what it means for you

5 Questions On

Available for over a year

The value of the pound has now fallen to its lowest ever level against the US dollar. That means a pound will buy less than it used to on anything that comes from abroad, or anything that's priced in another currency. That means the price of petrol, iPhones and even a pint of beer could go up. But has the value of the pound fallen and how is it connected to the Chancellor's so-called mini-budget? Our Global Trade Correspondent Dharshini David answers five questions on what's happening and how it could affect you. Image credit: Jeff Overs, BBC News

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