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After the unexpected decision to leave the EU following the announcement of this morning’s results, the value of the pound has fallen dramatically. At one stage, the currency hit $1.3305, reaching lows of over 10 percent not seen since 1985. The pound is currently hovering around $1.3637.
The Bank of England is said to be monitoring developments closely and is set to take the necessary steps to support monetary stability.
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Finance Magnates recently published an easy-to-understand guide that listed the ... (read more)