TELETRADER News
12/10/2018, 4:58 PM (Source: TeleTrader)
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Pound drops amid delayed Brexit deal vote

The British pound dropped against the dollar on Monday amid the announced delay of the meaningful Brexit vote on the agreement with the European Union.

May said the government would accelerate preparations for the possibility that the United Kingdom leaves the bloc without a deal.

Sterling lost 1.75% against the greenback, changing hands for 1.2521 at 5:04 pm CET.

The euro climbed 1.44% against the pound, buying 0.9083 pounds at 5:07 pm CET.

Baha Breaking News (BBN) / GG