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inanna

(3,547 posts) Wed Jul 6, 2016, 04:28 AM Jul 2016

Pound hits new low on Brexit nerves

Source: BBC

1 hour ago

The pound has hit a fresh 31-year low against the dollar as worries over the UK's exit from the European Union continued to rattle financial markets.

Sterling dropped to $1.2798 at one point in Asian trade, before recovering slightly to $1.2929.

The pound has now fallen by about 14% against the dollar since hitting $1.50 ahead of the referendum result.

On the UK stock market, the FTSE 100 index opened down 11.47 points, or 0.2%, at 6,533.90.

Read more: http://www.bbc.com/news/business-36721689

3 replies

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Highlight:

Pound hits new low on Brexit nerves (Original Post) inanna Jul 2016 OP

I guess it's time to visit melm00se Jul 2016 #1

Europe too FBaggins Jul 2016 #2

Check Norwegian Air Shuttle melm00se Jul 2016 #3

melm00se

(4,994 posts)

1. I guess it's time to visit

Reply to inanna (Original post)

Wed Jul 6, 2016, 07:33 AM

Jul 2016

London with the pound this low it's almost a bargain

FBaggins

(26,757 posts)

2. Europe too

Reply to melm00se (Reply #1)

Wed Jul 6, 2016, 07:38 AM

Jul 2016

The Euro is near parity with the dollar and low oil prices make the flights less financially painful.

melm00se

(4,994 posts)

3. Check Norwegian Air Shuttle

Reply to FBaggins (Reply #2)

Wed Jul 6, 2016, 08:33 AM

Jul 2016

for cheap flights to Europe. Just be aware that they are a discount airline and their cheapest flights have extra fees for just about everything (like checked baggage and reserved seats)

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