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Brexit Brief: Prospect of no-deal Brexit sends pound to nearly six-month-low

Bérengère Sim
Brexit Brief: Prospect of no-deal Brexit sends pound to nearly six-month-low

The pound has dipped to the $1.25 mark—the weakest since the beginning of the year—as traders grapple with uncertainty over the Conservative leadership contest and the possibility of both a no-deal Brexit and a U.K. general election.