Pound Slumps to More Than 30 Year Low Against Dollar
Pound Slumps to More Than 30 Year Low Against Dollar
At about 0955 GMT, sterling slumped to USD 1.3222 -- the lowest level since September 1985 -- having rebounded slightly after a similar trough was struck on Friday.

London: The pound tumbled on Monday to the lowest level in almost 31 years on economic and political uncertainty after Britain voted last week to leave the European Union.

At about 0955 GMT, sterling slumped to USD 1.3222 -- the lowest level since September 1985 -- having rebounded slightly after a similar trough was struck on Friday.

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