The British Pound Just Hit a 31-Year Low — Fortune

British 10-year government borrowing costs sank below 1% on Monday for the first time ever and sterling tumbled to a fresh 31-year low against the dollar as investors bet Britain’s vote to leave the EU will trigger a Bank of England rate cut. Billions of pounds were wiped off the value of British financial stocks,…

via The British Pound Just Hit a 31-Year Low — Fortune

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