Investing.com - The British pound slumped to a seven-year low against the U.S. dollar this week, while falling close to a three-year low against the yen, as worries the U.K. may exit the European Union rattled currency markets.
Sterling’s losses picked up pace after London Mayor Boris Johnson’s shock decision on Monday to back a campaign for Britain to leave the European Union in a June referendum.
U.K. Prime Minister David Cameron meanwhile reiterated that he has started the process to set up the referendum for June 23 and declared that the vote would be final.
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