Bloomberg called the world’s worst currency

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Bloomberg назвал худшую в мире валюту

The pound sterling was overtaken by the drop in the dollar, the Argentine peso, finishing in last place in the list of the 31 world currency. On Friday, July 8, according to Bloomberg.

The British currency is declining for the third consecutive week after a referendum on secession from the Kingdom from the European Union, the Agency said. Since the beginning of the year the British currency has fallen against the dollar by more than 13 percent.

“The pound will fall because of the uncertainty in investment and growth prospects,” said economist at Societe Generale in London, kit and Jack (Kit Juckes). According to 19:10 GMT on 8 July, the British currency, amounted to 1,294 USD.

On 6 July, the head of Sberbank German Gref advised nonprofessional investors not to invest in euros and pounds in connection with the intention of great Britain to leave the EU (so-called Brexit — British exit).

A referendum on this issue was held on June 23. Supporters of the exit from the bloc won with 51.9% of votes.

April 15, Bloomberg reported that the national currency is the Zambian Kwacha in the current year was ahead of the growth rate of all the other currencies of the world. In addition, investments in the Kwacha was more profitable than gold, silver and other precious metals. In the first three months of 2016, the Kwacha gained against the dollar by 19.9 percent. In many ways, the phenomenon of such considerable growth is due to rebound after the collapse of the Zambian currency by 42 percent last year.

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