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The pound has suffered a mysterious sudden collapse, causing one expert to say the foreign exchange market bears an “uncanny resemblance to the five stages of grief” after the Brexit vote.
The Bank of England said it was “looking into” the flash crash that sent sterling plunging 6% overnight - its lowest value since Britain voted to leave the EU.
At one point it was worth almost one euro, and Travel money expert FairFX claims that some airports are already offering less than €1 to the pound.
Pound To Euro Exchange Rate Plunges In Mysterious ‘Flash Crash’ As Market Goes Through ‘Stages Of Grief’
The Bank of England said it was “looking into” the flash crash that sent sterling plunging 6% overnight - its lowest value since Britain voted to leave the EU.
At one point it was worth almost one euro, and Travel money expert FairFX claims that some airports are already offering less than €1 to the pound.
Pound To Euro Exchange Rate Plunges In Mysterious ‘Flash Crash’ As Market Goes Through ‘Stages Of Grief’
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Comments
It may be in this thread:
http://forums.digitalspy.co.uk/showthread.php?t=2182449
I saw the other thread but I just couldn't resist starting a thread about the £ actually falling below the €. 😏