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Brexit anxiety hits the pound

The pound dropped to a three-decade low against the dollar amid mounting investor concern of a so-called “hard Brexit”. ||| London - The pound dropped to a three-decade low against the dollar amid mounting investor concern that the UK is heading for a so-called hard Brexit. Sterling fell beyond its post-vote low and is down against 30 of its 31 major peers since Prime Minister Theresa May’s weekend announcement that Britain would trigger its exit from the European Union in the first quarter of 2017.
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