Wednesday, February 24, 2016

For the first time since 2009, the British pound fell below $ 1.40 – The World

The British pound fell on February 24 to  below $    1.40 in morning trading in Asia for the  first time since March 2009.

Against the euro, the British pound was also under pressure, showing itself to 78.809 pence per euro. She had begun its descent Monday after rallying the Mayor of London Boris Johnson to supporters of the output of the United Kingdom of the European Union, a prospect dreaded by the business community.

Read also: the pound falls against the fear of a” Brexit “

a myriad of pundits have pointed in a joint letter of the dangers of such a scenario. “Exit the EU deter investment, threaten jobs and jeopardize the economy” , say 200 signatories, among them 36 presidents or CEOs of the 100 largest companies listed on the London Stock Exchange.


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