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Re: The Dollar rates - just a thought
Bloomberg had an article about Kwarteng's connection with hedge funds and being a paid advisor to his former employer who has just made a fortune on the back of his mini budget. I still think the PM job is poisoned chalice, the ones that could do the job don't want it, and the ones that do want the job generally can't, we will wait and see. In the meantime there's a real chance the pond could fall further against the dollar, it's even fallen against the rouble. I will be very surprised if Kwarteng doesn't make alterations to the budget in the next couple of weeks to rail in the borrowing.
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