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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.

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