19 Sept 2019

The UK pound against the euro

When I looked last night, the UK pound had suddenly appreciated further against the euro. At one point it was worth little more than 1.07 euros, whereas now (last night) it was over 1.13. Before the BREXIT referendum, it was far higher. Does this suggest a big rebound if we (finally) agree a deal?

With all the uncertainty over BREXIT some were expecting it to fall close to parity. I am puzzled.

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