Pound Could Sink Further as Brexit Continues to Rock the Boat
In June 2016, the UK voted in favour of exiting the EU, by a slim margin of 51.9%. The news shook the global financial markets. British and Wall Street stocks plummeted by more than 3% and almost 9% was shaved off from European shares. The British pound tumbled to its lowest level since 1985, far below the levels recorded during the worst of the 2008 financial crisis!
By Andrew Lane | October 14, 2020