This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.


  • Exchange Rates

Click to read the article below and then answer the questions:

Pound hits $1.40 for first time since 2018 as vaccine boosts UK outlook

  • Explain what is meant by the term exchange rate

  • With reference to the chart, compare the $:£ exchange rate over the time period shown

  • Identify and explain four factors that can affect the value of a currency

  • Using an exchange rate diagram, analyse the factors which have pushed Sterling to its highest level against the USD since 2018

Gavin Clarke, Emmanuel College

Copyright The Financial Times Limited 2023. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this article