MOSCOW (Sputnik) — The British pound hit the lowest level since 1985 reaching $1.28 on Tuesday and continuing its depreciation launched by the United Kingdom's voters decision to leave the European Union.
Brexit fears send pound sliding below $1.30 — business live https://t.co/IutFtLCmmb— The Guardian (@guardian) 6 июля 2016 г.
The pound lost some 15 percent of its value after the referendum on June 23, when the national currency was trading at $1.50. Traders pessimism was aggravated on Tuesday after the Bank of England said that the current outlook for the country's financial stability was challenging.
According to the final results of the referendum, 51.9 percent of voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.