Sunday, June 26, 2016

The fall of the pound on the news of the referendum has reached a historical record – RBC

The British pound

Photos : Ben Stansall / AFP

The pound sterling strengthened drop on news of the calculation results of the referendum in the UK. As of 4:08 MSK British currency fell 6.3% against the dollar

The pound fell below $ 1.41 after the news of the victory Brexit supporters in several cities in England and Wales. As reported by Reuters, is the largest decline in the British currency for one trading session in history. Thus, the pound has updated records of 1992 and 2008.

As noted today the editor of the British business paper Financial Times, the strongest collapse of the pound sterling in the day happened on October 24, 2008, at the height of the global crisis, and was at the peak of the fall 5 ,9%. Following was “Black Tuesday” in September 1992, when the British currency fell to 4,05%

At this time, the pound has fallen to 6.3% compared to yesterday’s levels:. It happened in 4:08 MSK on news about serious isolation almost 10% in favor of the UK release of supporters of the EU.

Later, however, it’s a few results from Scotland, causing skeptics again ceded the lead supporters of preservation of the country within the EU. By 4:40 MSK for the British pound is $ 1.45 (3.3% reduction).

In addition, Reuters reported at the opening of trading last night seriously dropped the price September futures for the UK’s leading stock index FTSE 100. At its peak, the fall exceeded 6%. Now, a decrease of 4.5% already.

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