Investment Week (July 17)
2019/ 07/ 19 by jd in Global News
“A ‘no deal’ Brexit could result in sterling falling to parity with the dollar,” according to Morgan Stanley. “Exiting the European Union without a deal looks increasingly likely.” In a “worst-case scenario” the pound, currently at $1.24, could plunge roughly 19% “to historic lows of $1-$1.10.”
Tags: Brexit, Dollar, EU, Morgan Stanley, No-deal, Parity, Sterling
