Pound reaches highest level since the 2016 Brexit vote
The pound hit its strongest level against a basket of currencies since the day of the Brexit referendum in June 2016, Bank of England data shows.
The pound has reached its highest level against a basket of other currencies since the Brexit referendum a decade ago, according to the BBC and The Guardian.
The Guardian reports that Bank of England data released on Thursday showed sterling at its strongest since 23 June 2016, the day of the EU vote. The data covered Wednesday.
The Guardian links the rise to a fall in the dollar after the US midterm elections. The BBC's report, as provided, gives no cause.
Reported by
- BBC NewsPound rises to its highest level since the Brexit referendumWed, Nov 4, 4:35 PM EST
- The GuardianPound hits highest level since its crash after 2016 Brexit voteThu, Nov 5, 6:14 AM EST
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