Brexit fears drag pound to fresh two-year low ahead of UK inflation report - business live

South Africa News News

Brexit fears drag pound to fresh two-year low ahead of UK inflation report - business live
South Africa South Africa Latest News,South Africa South Africa Headlines

Rolling coverage of the latest economic and financial news, as fears of a disorderly Brexit weigh on sterling

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Neil Wilson of Markets.com fears that the pound could slump back towards the $1.21 mark, last seen in March 2017. He explains: Make no mistake, this decline in the pound is down to traders pricing in a higher chance of a no-deal exit. Ongoing uncertainty about the direction of Brexit it what is really driving the pound. We need to await the outcome of the Tory leadership race.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in ZA
 

Looks like imports in the BorisJohnson land of milk and honey may be getting a little more expensive

Oh joy.

Project Fear... Yes to Democracy! No to an Undemocratic Superstate aka EUSSR!

South Africa South Africa Latest News, South Africa South Africa Headlines



Render Time: 2025-01-15 01:04:31