Sterling sinks to three year low against the Euro, after British Prime Minister Theresa May announces timeline for Brexit – TheLiberal.ie – Our News, Your Views

Sterling sinks to three year low against the Euro, after British Prime Minister Theresa May announces timeline for Brexit




britishpoound

The once mighty British Pound has taken a severe hammering since the outcome of the Brexit referendum became known.

Today, the currency has sunk to a three year low against the Euro, trading at 87.4 pence to one Euro.

Yesterday, British Prime Minister Theresa May said that she would trigger Article 50 by March 2017, thus commencing the formal process for the country to leave the European Union.

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