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GBP takes a pounding from Brexit

Published Mon, Dec 11, 2017 · 09:50 PM
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London

THE British pound has more in common with the Colombian peso and the Polish zloty than you may think.

The roller-coaster ride in the exchange rate over the past week - spurred by the latest twists and turns in the Brexit negotiations - underscores a mounting similarity to an emerging-market currency this year, if volatility is anything to go by.

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