Article 4PEY8 Pound falls on back of general election speculation

Pound falls on back of general election speculation

by
Richard Partington Economics correspondent
from on (#4PEY8)

Sterling tumbles by almost a cent against the US dollar and falls by about 0.7% on the euro

The pound fell to the lowest level in three weeks amid mounting speculation that a general election is imminent.

Boris Johnson said on Monday he did not want to go to the country but the reaction of investors pointed to an expectation that a national poll will be the only way out of the Brexit standoff.

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