Friday, November 29, 2024

Brexit to Start in March: British Pound Hits 31-Year Low vs. U.S. Dollar

U.K. will trigger start of divorce proceedings from EU by end of March From CBC News The British pound hit a new 31-year low against the U.S. dollar on Tuesday as markets continued to digest the news that the U.K. seems head for a “hard” exit from the European Union. As of 11:16 a.m. ET, the pound was trading at $1.2749