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Pound jumps as exit poll shows Conservative majority in UK elections

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The pound sterling leapt higher on Thursday after exit polls showed Prime Minister Boris Johnson's ruling Conservative Party on track to win a wide parliamentary majority, a result seen as hastening Brexit.

[NEW YORK] The pound sterling leapt higher on Thursday after exit polls showed Prime Minister Boris Johnson's ruling Conservative Party on track to win a wide parliamentary majority, a result seen as hastening Brexit.

Shortly after 2200 GMT, a pound rose about two per cent against the dollar at US$1.3416 and was up 1.6 per cent against the euro at 83.25 pence.

AFP

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