Economic news

Review: Pound sinks amid no sufficient progress in Brexit talks

The pound slides versus the euro and dollar on Tuesday on concerns over Bank of England ability to rise interest rates next week as well as over reaching a fair deal on Brexit with the EU.

The British currency sank 0.2 percent to $1.3173, near an 11-day trough of $1.3087 touched on Friday.

Versus the euro sterling lost 0.3 percent to 89.26 pence.

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