Home Brexit Pound falls amid no-deal Brexit fears

Pound falls amid no-deal Brexit fears

by LLB Editor
7th Sep 20 8:49 am

Sterling is under some pressure this morning, as fears of a no-deal Brexit ripple through the City again.

The pound has dropped by half a euro cent to €1.1167, a one-week low.

Against the US dollar, it’s lost half a cent to $1.322. These aren’t big falls, but they do show that Brexit fears are on the rise.

This comes after reports that the UK government is drawing up legislation that will override the Brexit withdrawal agreement on Northern Ireland — a key part of the ‘oven ready’ deal agreed late last year.

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