Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (firstname.lastname@example.org) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Sterling plunges as pound slips inflationary anchor
The pound has dropped to its lowest level in two and a half years against the dollar amid a widespread perception that the currency has lost its inflation anchor.
To receive similar stories, sign up for Forex emails.