You are here

Pound seen diving to 30-year lows if Brexit comes to pass

Economists also do not see a rebound within 3 months of the June 23 referendum

BT_20160225_DNPOUND25_2134188.jpg
The pound is already becoming a political football, slumping the most since 2010 on Monday after London Mayor Boris Johnson lent his support to the "Leave" campaign.

Edinburgh

A BRITISH exit from the European Union would be so devastating for the pound that 29 out of 34 economists in a Bloomberg survey see it sinking to US$1.35 or below within a week of a vote to leave - levels last seen in 1985.

Twenty-three of the economists say that sterling

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom