why is the British pound stronger than the US Dollar?

Answer 1

simply cause the pound which was named after the king who was told to go pound it by his wife. no seriously its because the us has loaned out more than we have and we are so far in debt like a over the limit credit card but on a much larger scale and england is no where in debt like us. preety much we are the guy who wants to impress a date and goes broke doing it but if anyone else shows up we pay the tab and kick their butt
then we try to elimanate the crditors

Answer 2

Because the US Federal Reserve has kept pursuing a very lenient monetary policy, and Americans have a historically low savings rate, while the Pound is dependent on the Euro. The result is that the US have been addicted to ever growing commercial and current account deficits and have accumulated a public debt of cataclysmic proportions, mostly in the hands of Japan and China. Now that China has taken the first step towards internationalizing its currency, the Yuan is aiming at replacing the US Dollar first as a regional, then as a global currency.

Answer 3

If you are asking why 1 pound is > 1 dollar, the answer is because the two currencies have entirely different origins and have never been equal. The Pound was originally defined as one troy pound of silver. Hundreds of years later the dollar was created on another continent and was defined as a certain number of grains of gold. The pound was once worth many times the dollar, but over time as things have evolved the pound has fallen with respect to the dollar.

Answer 4

It isn't. Has been losing ground for many years from it's record high. The euro is the currency that should worry you.

Answer 5

Because it weighs a "Pound" Helloooooooooooo!

Answer 6

Because the ritish government has chosen to fix it that way

Answer 7

They've been around longer and known all over Europe.

Answer 8

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