Sterling sinks after London mayor joins Brexit camp
London
STERLING sank against the US dollar on Monday as the defection of London Mayor Boris Johnson to the "Brexit" camp added to concerns that a British departure from the European Union is a real risk.
After a positive reaction to Prime Minister David Cameron's sealing of an EU deal on Friday, with which to fight a referendum on June 23, the move by Mr Johnson along with a handful of other senior ruling Conservatives drove a wave of selling in Asia.
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