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Why has the value of the pound jumped?

BBC News Original article ›
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The British pound was trading at $1.50 just before voting to leave the EU in June 2016. Since then years of wrangling on Brexit led to uncertainty and the pound dropping to $1.22. The decisive win of Boris Johnson and the Conservatives in 2019 led to removing much of the uncertainty, and the British pound recovered to $1.34 on prediction of Johnson's win. The big win makes it certain that Britain can leave the EU by Jan 31st 2020.



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