Britain – EU – Politics – Forex – Dollar – Pound

Pound Slumps to More than 30 Year Low against Dollar

Pound Slumps to More than 30 Year Low against Dollar
Mon Jun 27, 2016 14:50:31

The pound tumbled Monday to the lowest level in almost 31 years on economic and political uncertainty after Britain voted last week to leave the European Union.

At about 0955 GMT, sterling slumped to $1.3222 – the lowest level since September 1985 – having rebounded slightly after a similar trough was struck – on Friday, AFP reported.

S/SH 11

Category:
string(1460) "[{"id":"1832434","sort":"3573949","contenttypeid":"21","pic":"/2016/06/26/alalam_636025626672872482_25f_4x3.jpg","title":"British Cabinet to Remain in Post after Brexit Vote: Hammond"} ,{"id":"1832400","sort":"3573950","contenttypeid":"21","pic":"/2016/06/26/alalam_636025553900953330_25f_4x3.jpg","title":"Signatures for UK Brexit Revote Petition Hits 3M in Just 2 Days"} ,{"id":"1832017","sort":"3573951","contenttypeid":"21","pic":"/2016/06/25/alalam_636024655621886296_25f_4x3.jpg","title":"PICS: Hillary Clinton Different Twit Reactions to Brexit"} ,{"id":"1831978","sort":"3573952","contenttypeid":"21","pic":"/2016/06/25/alalam_636024554488426037_25f_4x3.jpg","title":"ISIS Express Joy for Brexit, Call for Attack on Berlin and Brussels"} ,{"id":"1831681","sort":"3573953","contenttypeid":"21","pic":"/2016/06/24/alalam_636023709607090444_25f_4x3.jpg","title":"David Cameron Quits After Political Earthquake of Britain Brexit"} ,{"id":"1825932","sort":"3573954","contenttypeid":"21","pic":"/2016/06/07/alalam_636008952598924045_25f_4x3.jpg","title":"NATO Chief: Brexit May Lead to Instability"} ,{"id":"1808209","sort":"3573955","contenttypeid":"21","pic":"/2016/04/14/alalam_635962507153782628_25f_4x3.jpg","title":"Bank of England Warns again on Brexit, Holds Rates"} ,{"id":"1807613","sort":"3573956","contenttypeid":"21","pic":"/2016/04/12/alalam_635960859235299602_25f_4x3.jpg","title":"Worried IMF Cuts World Growth Forecast, Warns over Brexit"} ]"