Pound Sinks Below $1.26 After May Delays Brexit Deal Vote

Rukhshan Mir (@rukhshanmir) Published December 11, 2018 | 01:03 AM

Pound sinks below $1.26 after May delays Brexit deal vote

London, (APP - UrduPoint / Pakistan Point News - 10th Dec, 2018 ) :The pound fell under $1.26 on Monday after Prime Minister Theresa May confirmed she will delay a key parliamentary vote on her Brexit deal that had been scheduled for Tuesday.

At about 1600 GMT, sterling sank by more than 1.5 percent to $1.2527, hitting the lowest level since April 2017. That compared with $1.2640 before May made her official announcement.

Facebook Twitter Reddit Pinterest Whatsapp

Recent Stories

Rock-solid Ruud racks up season-leading win in Bar ..

Rock-solid Ruud racks up season-leading win in Barcelona

At UN, Iran says it will make Israel 'regret' repr ..

At UN, Iran says it will make Israel 'regret' reprisals

G7 hears calls for 'critical' Ukraine aid

G7 hears calls for 'critical' Ukraine aid

EU seeks to leverage might to confront China, US c ..

EU seeks to leverage might to confront China, US challenge

5 Customs officials martyred as their vehicle ambu ..

5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan

Pak-New Zealand match called off due to rain

Pak-New Zealand match called off due to rain

NHA restores traffic on roads affected by recent r ..

NHA restores traffic on roads affected by recent rains in Balochistan

China to fully support Pakistan's efforts against ..

China to fully support Pakistan's efforts against terrorism: Ambassador Jiang

U.S. envoy calls on Foreign Minister Ishaq Dar

U.S. envoy calls on Foreign Minister Ishaq Dar

Poland arrests man over suspected plan to kill Zel ..

Poland arrests man over suspected plan to kill Zelensky

EU wants to ease youth movement to and from UK

EU wants to ease youth movement to and from UK

Police foils attempt of supply mainpuri raw materi ..

Police foils attempt of supply mainpuri raw material