STERLING'S POUND HAS PLUNGED TO A RECORD LOW IN ASIA.

POUND FELL 5% TO ALL TIME LOE OF $1.0382 MONDAY IN ASIA.

UK GOVERMENT HAS ANNOUNCED IMPLEMENT TEX CUT AND INCENTIVES TO GROWTH.

SIGNIFICANT TAX CUTS WERE ANNOUNCED NOT SEEN IN BRITAIN SCIENC 1972.

THE "BIG DOLLAR" HAS BEEN RISING STRONGLY THIS YEAR.

ASIA PACIFIC REGION JAPAN,CHINA,SOUTH KOREA CURRENCIES WEAKEN AGAINST GREENBACK.

JAPAN YEN TRADE 144 LEVEL AGAINST US DOLLAR.

SOUTH KOREA WON LEVEL 1428.52 PER DOLLAR WAS NEAR 2009 . 

BRITISH POUND 40 YEAR LOWER AGAINST US DOLLAR.