Pound Bears Brunt of 'Brexit' Woe in Worst Week Since '09: Chart

The pound has been the biggest casualty of the first week of the U.K.’s European Union referendum campaign. The currency has tumbled to its lowest level in almost seven years against the dollar since Prime Minister David Cameron announced the date of U.K’s EU vote as June 23 last weekend. That’s resulted in the worst week since January 2009, when the U.K. was in recession and the Bank of England was considering introducing its quantitative-easing plan.

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