BREXIT: British pound sinks further
June 27, 2016  09:07
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CNN reports: The British pound is sinking again as investors continue to digest the impact of the U.K.'s historic vote to leave the European Union.

The pound fell more than 2 per cent early Monday against the dollar to below $1.34 as uncertainty swirls over the UK economy. That's still above the low of around $1.32, its weakest level in decades, that it hit on Friday as results from the UK referendum were coming in.

Asian stock markets, meanwhile, were mixed. The main Australian and Korean indexes trended a bit lower in early trading. Hong Kong's Hang Seng Index fell 1.2 per cent at the open.

Japan's benchmark Nikkei was a sole bright spot, gaining 1.5 per cent. That rise clawed back some of the nearly 8 per cent loss the index posted Friday when British voters chose to leave the EU in a referendum.
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