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Markets

British pound recovers from lows after Brexit vote

Published Updated

NEW YORK: The British pound bounced from session lows on Tuesday after the lower house of parliament, as expected, rejected Prime Minister Theresa May's Brexit plan.

Near 1950 GMT, the pound stood at 89.11 pence to the euro, compared with 89.57 just before the vote tally. The pound traded at $1.2787, compared with $1.2704 before the vote.

 

Copyright AFP (Agence France-Press), 2019
 

 

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