Brexit Blues News
GB POUND
The pound is still suffering from “Brexit” blues, it started the week trading at 1.1008 against the Euro, and 1.2126 against the US Dollar.
The Bank of England’s deputy governor Ben Broadbent views the fall in the value of the pound as a “shock absorber” for the economy in an interview on Monday. Mr Broadbent said "Having a flexible currency is an extremely important thing especially in an environment when your economy faces a shock that is different to your trading partners". Read more