Sterling hits fresh 31-year low against the dollar as investors fret over the prospect of a 'hard Brexit'



Sterling has hit a fresh 31-year low against the US dollar as investors fretted over the prospect of a 'hard Brexit' following Britain's vote to leave the European Union.
The pound fell to as low as $1.2623 at one stage and €1.13 against the single currency on another brutal day.
The slump follows Theresa May's pledge this week to trigger Article 50 by March next year – paving the way for a so-called 'hard Brexit' that would pull the UK out of the single market as well as the EU. 
RELATED ARTICLES Previous 1 Next Resurgent stock market kickstarts London listings: Misys... Atom Bank opens... read more

 
6 October 2016 in Business, Views: 35
Source: Daily Mail
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    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 31