{"id":1211836,"date":"2022-09-27T13:27:00","date_gmt":"2022-09-27T13:27:00","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/09\/27\/uk-kwasi-kwarteng-tells-markets-to-keep-calm-as-the-value-of-the-pound-against-the-dollar-tumbles-to-a-record-low-economy\/"},"modified":"2022-09-27T13:27:00","modified_gmt":"2022-09-27T13:27:00","slug":"uk-kwasi-kwarteng-tells-markets-to-keep-calm-as-the-value-of-the-pound-against-the-dollar-tumbles-to-a-record-low-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/09\/27\/uk-kwasi-kwarteng-tells-markets-to-keep-calm-as-the-value-of-the-pound-against-the-dollar-tumbles-to-a-record-low-economy\/","title":{"rendered":"UK: Kwasi Kwarteng\u00a0Tells Markets To &#8220;Keep Calm&#8221; As The Value Of The Pound Against The Dollar Tumbles To A Record Low | Economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>THE value of the pound has fallen again as the Bank of England says it &#8220;won&#8217;t hesitate to change interest rates&#8221;.<\/p>\n<p>However, the Governor of the BoE Andrew Bailey avoided hiking interest rates as an emergency measure this afternoon.The pound has fallen to its lowest level against the dollar since decimalisation in 1971.<\/p>\n<p>Sterling\u00a0fell by more than 4% to just $1.03 in early trading in Asia, before recovering to $1.09 this afternoon. After the statement from the BoE it fell again to $1.06 as of 16:44pm today.<\/p>\n<h3><strong\/><\/h3>\n<p><span class=\"peace_home_topstory\"><br \/>\n<span style=\"color: rgb(17, 97, 142); font-weight: bold;\"><br \/>\nRead Full Story &#8230;.<br \/>\nthesun >>><br \/>\n<\/span> : \u00a0\u00a0<br \/>\n<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<table width=\"100%\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"clear:both\">\n<tr>\n<td><span class=\"peace_red_text_1\">Disclaimer<\/span>: <span class=\"peace_ash_text_1\">Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.<\/span><\/td>\n<\/tr>\n<\/table>\n<p>Featured Video\n<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"wB2-NHndouE\"><iframe loading=\"lazy\" title=\"Our Fight Against Sim Card Registration Is Unending- Hon. Ras Mubarak Cautions Gov&#039;t\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/wB2-NHndouE?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>THE value of the pound has fallen again as the Bank of England says it &#8220;won&#8217;t hesitate to change interest rates&#8221;. However, the Governor of the BoE Andrew Bailey avoided hiking interest rates as an emergency measure this afternoon.The pound has fallen to its lowest level against the dollar since decimalisation in 1971. Sterling\u00a0fell by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1211837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6431,4219,1963,26409,2516,5013,10109,998,6340],"class_list":["post-1211836","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-calm","tag-dollar","tag-economy","tag-kwartengtells","tag-kwasi","tag-markets","tag-pound","tag-record","tag-tumbles"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1211836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1211836"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1211836\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1211836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1211836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1211836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}