You are here

Pound dives 9.2% against Sing dollar on Brexit news

38836985 - 24_06_2016 - BRITAIN-EU_.jpg
THE pound dived 9.2 per cent against the Singapore dollar as Britain's exit from the European Union loomed.

THE pound dived 9.2 per cent against the Singapore dollar as Britain's exit from the European Union loomed.

The British currency fell to S$1.8085 at 12.30pm Singapore time before climbing marginally to S$1.8508 as at 2.28pm. At this time, it is down 7.78 per cent against the Singapore dollar.

The pound dropped to US$1.3305, its lowest since September 1985, swinging wildly from earlier deals when it touched a 2016 high of US$1.50.

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