“Drive Brexit” beats per pound. Fell to its lowest level since 31 years Gazeta.pl

on Tuesday morning the British currency broke through the level from 6 July, when it reached 31-year low. Rate against the dollar fell to 1.2775. The pound fell against all 31 major currencies.

the Pound fell against all 31 major currencies since Monday. Administered by the Bloomberg Index, the Pound was the worst result since 2004, when the agencies began calculating it. The indicator, which is one pound seven major currencies in the world, lost since the beginning of the year at 17 percent. The British currency is weakening against the Polish gold.

Disk Brexit is the weak pound

the Weakening of the British currency in response to the words of the Prime Theresa may, in the first quarter of 2017. announced the official launch of the process of withdrawal from the European Union. Was helped in this by paragraph 50. The Treaty of Lisbon, according to which EU membership is terminated no later than after two years from the date of submission of such application.

according to commentators, is the announcement of the “drive Brexitu” without freedom of movement of people. Disc Brexit causing a sale of the pound – said Bloomberg quotes Neil Jones, head of sales European hedge funds Mizuho Bank Ltd. in London. The government sees no need in differentiating between hard and soft Brexitu, but the market, of course, Yes.

the Pound will be even cheaper

Representatives of financial institutions, think that another lows the pound only a matter of time. Negative reaction of investors can exacerbate the Declaration of the Prime May that the British government would not comment on the status of negotiations with the European Union.