The strength of sterling has become a major issue for most households. As the pound has dropped in value against other major currencies like the dollar and euro, travelling abroad has become much more expensive.
Imported goods are also going up in price and British expats who live - or are thinking of moving - abroad are seeing their spending power significantly reduced.
Here we explain what determines the strength of the pound and round up expert predictions as to its future. And don't miss the links to our live exchange rates data.
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