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Business Matters: Currency plunge fuels concerns

Currency plunge fuels concerns

27/09/2022 GMT

BBC World Service - Business Matters, Currency plunge fuels concerns

Fears about the weaker value of the pound against the US dollar

The conversations continue about the freefall of the pound against the US dollar.

On Business Matters we’re joined throughout the programme by Andy Uhler, from our partner programme Marketplace, along with Shuli Ren from Bloomberg in Hong Kong. Claudia Sahm, a former Federal Reserve and White House economist, shares her thoughts regarding the weakening of global currencies against the US dollar.

How are the markets reacting to the currency fluctuations? Peter Jankowskis from Arbor Financial tells us. 

The BBC's Thomas Nandi explains why Ghana is also struggling against the US dollar. 

''Swift and severe'': that's how President Joe Biden's spokeswoman, Karine Jean-Pierre describes additional sanctions from the US against Russia as the country considers annexing extra territory in Ukraine. The UK has also unleashed further sanctions targeted towards the organisers of self-styled 'referendums' asking Ukrainians in occupied territories if they support joining Russia.

The Canadian prime minister, Justin Trudeau, talks tough against Iran following the death of a young woman in police custody ten days ago which has triggered large scale demonstrations. 

NASA completes one of the world's most daring space missions. We’re joined by former space agency employee Keith Cowing.

The BBC's Laura Heighton-Ginns meets domestic workers who escaped modern slavery as she digs deeper into the exploitation and abuse of domestic workers overseas. 

Alex Serdiuk, CEO of the Ukraine AI firm Respeecher, tells us how they managed to close one of the most well-known characters in movie history, Darth Vader.

 (Picture: The US dollar and British pound. Credit: Getty Images).

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