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Sterling at new 31-year low against the dollar

Published 06/27/2016, 10:33 AM


Investing.com - Sterling Monday fell to a fresh 31-year low vs. the dollar as Brexit continued to grip
The pound hit a low of $1.3152, its weakest since 1985. It was last trading down 3.63% at $1.3182.
Sterling fell by up to 11% against the dollar on Friday, its worst one-day decline in recent history.
The pound had steadied earlier as U.K. Chancellor George Osborne sought to soothe investors.
Osborne said the UK economy is as strong as it could be to face the challenges ahead.

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