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Why does the British Pound outweigh the US Dollar in value when it seems that the economy of the United States is far more powerful?

Asked by pleiades (4892 points ) December 19th, 2013

Ok, I’m obviously really naive about this all. But how is it that the USD is about .569 per 1 British Pound?

Doesn’t the stronger economy outweigh the weaker one?

Please enlighten me! I love products from U.K. but I’m getting tired of the high prices.

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