The pound fell to a record low against the dollar this week

2008 financial crisis

$2.5

The UK crashes out of the European Exchange Rate Mechanism

Covid

pandemic

2.0

1.5

1.0

Britain approaches the IMF for an emergency loan worth almost $4bn

Kwasi Kwarteng's mini budget

0.5

0

1980

1990

2000

2010

2020

2008 financial crisis

$2.50

The UK crashes out of the European Exchange Rate Mechanism

2.00

Covid pandemic

1.50

Britain approaches the IMF for an emergency loan worth almost $4bn

1.00

Kwasi Kwarteng's mini budget

0.50

0

1980

1990

2000

2010

2020