Current UK Inflation Rate. The Consumer Price Index for United Kingdom is 108.5 for the month of November 2019. The inflation rate year over year is 1.4% (compared to 1.5% for the previous month). Inflation from October 2019 to November 2019 was 0.2%. Dec 18 2019What does British pound equal in dollars?
One British Pound sterling (GBP) is equal to 1.6310 U.S. dollars. The British pound is made up of 100 pence just as the U.S. dollar is split into 100 cents.Is the British pound undervalued?
British pound is undervalued by about 15%. British pound is undervalued by about 15%, of which 7% are due to depreciation after the Brexit referendum, according to the latest report of S&P Global. However, the authors of the report warn that the currency is likely to remain at its current levels for some time.