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When was the last time the pound crashed? A brief history

Over the past four decades, the pound has navigated several crises, but nothing has sent it as close to dropping below the $1 barrier as prime minister Liz Truss’s plan to boost the economy through generous tax cuts. Here’s a look at the pound’s previous crashes.

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When was the last time the pound crashed? A brief history

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    When was the last time the pound crashed? A brief history

    When was the last time the pound crashed? A brief history

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    Quartz - Ana Campoy

    The last time the British pound flirted with dollar parity, Margaret Thatcher was prime minister.

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