Pound Jumps Most Since Brexit Vote as May Prepares to Take Power

Updated on
  • Sterling rises to highest level in a week versus dollar
  • ‘Way is clear’ for May to apply for Brexit: Commerzbank

Brexit’s Downward Pressure on the Pound

The pound climbed the most since three days before Britain’s European Union referendum as Home Secretary Theresa May prepared to take over as the U.K.’s next prime minister, removing one layer of political uncertainty.

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