Troughing Bankers Fearing Brexit See Sterling Plunge To Near 7-Year Low Against Dollar

Matt Cardy/Getty Images

The pound sterling plunged to a near seven-year low against the dollar in Monday trading on concerns about the possibility of Britain voting to leave the European Union in a June referendum.

The pound fell to $1.4058 in early afternoon, its lowest level since March 2009, before recovering slightly to $1.4110 at 1500 GMT after popular Mayor of London Boris Johnson on Sunday threw his weight behind the campaign for Brexit.


Please let us know if you're having issues with commenting.