Congrats! The pound is the most devalued major currency of 2016
Look, we don’t want to be Brexit doom and gloomers. There are reasonable arguments on both sides. We know.
BUT, as things stand right now, Sterling is the most devalued of 2016 among the major global currencies.
The pound has opened up a wide lead against the Argentine peso, the other contender in this race to the bottom.
The two had been jockeying, and the pound previously dipped slightly against the peso for a few days back in July and August.
Now, the pound has properly fallen again to lose more than 15% of its value since the start of the year.