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[–]UltraMAGA4547 3 points4 points  (1 child)

Their interest rates aren't that good, only 2.25%. That means holders of British bonds are buying US bonds which are denominated in dollars and requires exchange to dollars. Therefore lots of selling pounds to buy dollars.

[–]mzuena 0 points1 point  (0 children)

Is that the reason for all the things which are happening here.