How Likely is a Brexit and How Much Would it Impact the GBP?
Posted: Thu Jan 28, 2016 2:03 pm
International Monetary Fund (IMF) chief Christine Lagarde announced in Davos that confidence that the UK is staying in the EU will make world financial markets more stable. However, the anxiety based on Britain’s possible exit from the EU is another reason for volatility in the financial markets according to Ms. Lagarde.
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During the World Economic Forum, she offered to sign an important agreement guaranteeing that Britain will stay in the EU, which will be very beneficial for European and global economies. These suggestions came at the end of ... (read more)