(CTN News) – Liz Truss’ new government has announced fresh tax cuts, with Chancellor Kwasi Kwarteng suggesting further cuts will follow. As a result, the pound has sunk to a record low against the dollar. The pound was worth $1.04 on Monday, September 26. The pound’s decline in global exchange markets affects household finances as … Continue reading Why Did the Pound Hit a Record Low Against the Dollar And Why is the Dollar Stronger?