Home / Latest Stories / The pound is crashing on U.K. vote for Brexit

The pound is crashing on U.K. vote for Brexit

U.K. referendum in 90 seconds

The British pound crashed to its lowest levels in 31 years as the country voted to leave the European Union in a historic referendum.

The pound dropped below $1.35 for the first time since 1985. The currency fell 11% and was on course for its biggest one-day fall ever. It was down against all major world currencies.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of FinancialPress.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://financialpress.com/legal-disclaimer/.

Check Also

Murdochs consider removing Ailes

Staffers at Fox News have been on pins and needles for the past day awaiting …

Leave a Reply

Your email address will not be published. Required fields are marked *