Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

The pound has fallen dramatically against the dollar as traders around the world suffer from a dose of the Brexit jitters. After London Mayor Boris Johnson announced on Sunday he would be campaigning for Britain to leave the EU in a forthcoming referendum, Asian traders reacted fast with a selloff. Bloomberg said on Monday the pound…

Comments

hantuonline's picture
hantuonline 1 week 23 hours ago

The weekend saw Conservative MPs and ministers rushing to confirm their position, after collective responsibility over Europe was lifted for the government. By: agen poker terpercaya

redwave's picture
redwave 2 weeks 3 days ago

It is sad how things still have not completely stabilized.

John

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DulanMarlon's picture
DulanMarlon 6 weeks 2 days ago

This will affect so many traders, the challenges are just starting and this is bound to affect other nations reliant on the country. But in the case of traders, they are the ones who will feel the pinch. Most business traders are often reliant on one or two countries. but for those reliant on a single nation will be greatly affected as it is their sole buyer. Like in the foofing trading business. How long do rubber roofs last ? as this will be a question for most roofers and others in other business will be keen on how they can manouvre such a challenge.

Terry332's picture
Terry332 8 weeks 1 day ago

Brexit has been a rollercoaster, and we haven't even left the EU yet!

Terry,

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Dusktor's picture
Dusktor 28 weeks 5 days ago

And what will happen now...

Queenbeethatsme's picture
Queenbeethatsme 1 year 40 weeks ago

The real question is; faced with potential copy cat exits, will Europe ostracize the UK now to teach other potential ship jumpers that there will be no reward or "free trade" with traitors?

It is perfectly understandable why Britain opted to get out and retrieve their own autonomy...but do the British know what that means in the post combined ramifications to both the EU and England?

The smart course for the Union is to turn their backs on the UK, restricting trade, commerce and tourism until England is on its knees begging forhiveness..but that "stiff upper lip" is notoriously stubborn..if jobs an opportunities were in short supply IN the EU, they be scarce as hens teeth in the near future.

Britain's failure to understand their own gambit was made clear when the UK assumed all the benefits of EU membership would still be theirs but all of the burdens would fall just to member countries.

It will be interesting to see just how big a stick Brussels plans to wield and where on England's backside they plan to strike first..or maybe England just needs a time out?

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