The pound value plummeted on Friday, after Brexit results showed the country's decision to leave the European Union sent investors flooding into safe-haven assets. The pound to yen exchange rate plunged 11% to 139.90.
The Forex market was roiling after U.K. citizens voted on the EU referendum. Most analysts had expected the country would remain in the European Union. But as voting results rolling in Friday morning showed the "leave" side had a decisive edge, the pound value started to plunge.
The decision sent the British currency to its lowest levels since at least.
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The Forex market was roiling after U.K. citizens voted on the EU referendum. Most analysts had expected the country would remain in the European Union. But as voting results rolling in Friday morning showed the "leave" side had a decisive edge, the pound value started to plunge.
The decision sent the British currency to its lowest levels since at least.
Den vollständigen Artikel lesen ...