Photographer: Chris Ratcliffe/Bloomberg

Pound Declines Versus Dollar as Newcastle Declares Vote

The pound dropped against the dollar as results of Britain’s European Union referendum showed a smaller-than-forecast win for “Remain” in Newcastle.

Sterling fell 0.3 percent to $1.4833 as of 12:01 a.m. London time, after touching $1.5018, the highest level since December.

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