Pound heads sharply lower on Brexit concerns

For all things financial
User avatar
itsybitsy
Posts: 8512
Joined: Sat Nov 27, 2010 5:51 pm
Location: East Yorkshire

Pound heads sharply lower on Brexit concerns

Post by itsybitsy »

The pound has fallen sharply after a series of political heavyweights threw their weight behind a UK exit from the European Union.


Sterling dropped by three cents to a near seven-year low against the US dollar at just above $1.40. It has not seen such lows since March 2009.

The fall of more than 2% left the pound heading for its steepest one-day decline versus the US currency since early 2009 at the height of the recession.

http://news.sky.com/story/1646224/pound ... t-concerns