Pound V euro: GBP exchange rate nosedives as political pressure mounts

Pound V euro: GBP exchange rate nosedives as political pressure mounts
 

GBP/EUR is currently at around €1.123, down 0.67 per cent from this morning’s starting levels.
Sterling sentiment soured this morning as investors fret over the stability of the UK government following a report over the weekend that up to 40 rebel Conservative MPs are looking to mount a leadership challenge against the Prime Minister.
This puts them dangerously close to the numbers needed to formally trigger a contest against Mrs May, and the uncertainty such a situation would inspire is rattling markets.
The possible challenge comes after another cabinet reshuffle in the wake of Priti... read more

 
13 November 2017 in Business, Views: 35
Share:
  •  




    News Widget for Webmasters


    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
        1 2 3 4 5
    6 7 8 9 10 11 12
    13 14 15 16 17 18 19
    20 21 22 23 24 25 26
    27 28 29 30