Article 79J31 Pound hits highest level since its crash after 2016 Brexit vote

Pound hits highest level since its crash after 2016 Brexit vote

by
Graeme Wearden
from World news | The Guardian on (#79J31)

Ten-year high shows sterling's strength against other currencies following fall of dollar after US midterm elections

The pound has hit its highest level since its crash after the Brexit referendum a decade ago, as investors welcomed the UK's push for closer ties with Europe.

Data released by the Bank of England on Thursday showed that the pound reached its strongest level against a basket of other currencies since 23 June 2016 - the day of the EU vote - on Wednesday.

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