The pound fell back to near Brexit lows (USD, DXY, JPY, NZD, NOK)
|09/26/2016||Posted by BusinessMediaguide.Com under General World News||
The British pound has tumbled back to near Brexit lows.
The currency is down 0.2% at 1.2933 against the dollar as of 7:33 a.m. ET — not that far off of the post-Brexit low of 1.2798.
Separately, a new KPMG survey found that just over three-quarters of the 100 CEOs surveyed were considering relocating their companies because of the Brexit vote. (72% of those surveyed also said they voted Remain.)
“CEOs are reacting to the prevailing uncertainty with contingency planning. Over half believe the UK’s ability to do business will be disrupted once we Brexit and therefore, for many CEOs, it is read more >>>