Pound continues to fall against dollar amid 'hard Brexit' fears


Sterling falls 0.6% to $1.2360 and 0.2% to €1.1082 as City’s worries persist about UK’s economic prospects outside EU

The pound continued to fall against the US dollar and the euro on Monday as worries persisted over the UK’s economic prospects outside the EU.

Sterling suffered sharp losses last week as ministers used the Conservative party conference to signal they would opt for a “hard Brexit” settlement that sacrifices access to the single market in return for stricter immigration controls.

Continue reading...
view The Guardian: World News