Sterling took another dip down at the start of August to the lowest level against the euro since October 2016.
The Bank of England cut its economic forecasts, promoting traders and economists to conclude ti will be next year at least before interest rates in the UK economy will rise.
Once again Brexit seems to be behind the downgrades. Sterling fell by nearly 1 per cent against the euro during trading. £1 sterling was equal to just over €1.10, or a euro was equal to just over 90 pence.
Either way you look at it it ain’t good news for Irish mushrooms exporters unless they can secure better prices for their produce.