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Sterling on track for biggest drop against US$ in 6 years

Concern over Britain's possible departure from the EU has been at the heart of a fall in the pound sterling since November.


THE pound sterling headed towards its biggest loss in almost six years against the dollar on Monday, hit by a rise in the odds on a "Brexit" after a handful of senior ruling Conservatives joined the campaign to leave the European Union (EU).

The scale of the reaction on the...