Wednesday April 1, 2020

Brexit: Currencies face and unhealthy wait and see period

The pound still has some distance to fall

10th July, 2016

Uncertainty is a disease in global markets. In many cases the lack of any clear information can be more damaging than the actual facts.

For Britain, uncertainty has had a crippling impact on the value of sterling, which has declined almost 25 per cent against the euro since last July’s lows of sub 70 pence.

In fact, the pound has plummeted on average over 20 per cent against its G10 counterparts in that time frame,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 2 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 2 weeks ago