| One of the immediate effects of the EU referendum in June was seen in the price of sterling, which plummeted to its lowest level against the dollar in three decades. Sterling fell 7.6 per cent against the dollar on June 24, and the currency had slipped 5.9 per cent against the euro in the same period, data from FE Analytics shows.
For the year to date to June 24, the pound is down 7.2 per cent against the dollar and down 9.5 per cent against the euro, with many expecting sterling to be the hardest hit in the coming months as negotiations to exit the EU begin...............................................Full Article: Source
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