Experts have predicted the fall of the pound to 30-year low in the case of Brexit – RBC

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Pound sterling It may fall to the lowest level in 30 years in the case of the UK leaving the EU (Brexit). Such predictions made by experts polled by Bloomberg

The minimum rate of the pound sterling over the past seven years was recorded in February, after the referendum announcement of the UK’s membership of the European Union. Then the British currency was worth $ 1.38. However, experts believe that this figure will not be the limit in the case of the country’s exit from the EU.

The surveyed by Bloomberg economists believe that if the people of the United Kingdom will vote “against”, the pound may fall below $ 1 35, which will be the lowest figure for the last 30 years. Thus they do not expect significant growth rate if UK remain in the EU. In this case, the pound will rise to the level of $ 1,50.

Currently, the pound against the dollar is 1.41, which is the minimum figure for the last two months. The British currency dropped the last four trading sessions, as a catalyst for this was the publication of opinion polls data, which indicate that the UK release supporters of EU staff outnumber those in favor of maintaining the current status quo.

In the last week Bloomberg referring to the stress test results, conducted by Axioma Inc, predicted the fall of the European stock market by 24% in the event of the UK from the EU.

«There is speculation that Brexit not happen. If this happens, no one will be mentally prepared for it, “- said one of the study’s authors Philip Jacob. “[In this case] we will see serious progress on the market”, – he said

The referendum on the preservation of the UK’s membership of the EU will be held on 23 June..