The rising pound

There’s been a lot of consternation in recent weeks about the rising level of the pound. Worth noting, though, that while it’s certainly risen a fair bit in recent months, up to the strongest level since the early days of the crisis, it still remains way, way below where it was before the crisis.

Float your cursor over the line to get dates and levels. The chart is of the Sterling Exchange rate index, a combined index measuring the pound’s strength against a trade-weighted basket of other currencies.