×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Pound falls sharply against major currencies as Brexit looms

The news sent Sterling tumbling, dropping 1.1% to $1.28 and 1.2% to €1.13. [Photo: Courtesy]

The pound collapsed on Thursday morning in the wake of Brexit Secretary Dominic Raab quitting the Government.

The pound fell heavily against most major currencies after Raab announced he couldn't support Prime Minister Theresa May's deal.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in