Pound drops amid renewed fears of no-deal Brexit
Friday,
21-Sep-2018
03:38 PM (IST)
The pound headed lower against the dollar on Friday, pulling away from a two-month high as concerns resurfaced that the UK will exit the European Union without a deal.EU leaders rejected UK Prime Minister Theresa May’s plan for leaving the economic bloc and warned that time was running short.Sterling was still on track for a second consecutive weekly gain as positive inflation and retail sales data had boosted the currency.
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