Article 1H4B4 Would the pound be weakened by Brexit?

Would the pound be weakened by Brexit?

by
Larry Elliott Economics editor
from on (#1H4B4)

It is a reasonable assumption the pound would fall following a Brexit - what happens after that, however, is not so easy to predict

The pound has been falling on the foreign exchange markets as opinion polls have suggested that the result of the EU referendum on 23 June is too close to call. According to the Treasury's worst-case forecast, sterling could drop by 15% after a Brexit vote.

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