Pound falls on Brown resignation

by Giedre Sarkunaite | May 11, 2010 at 11:31 am
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Recent week been a chaotic for Britain. After election political instability have pushed the pound down. And after currency has regained most of it's losses a strike comes again – Brown announced about his resignation.

In three hour time pound dropped by 60 points and seems it's not yet the bottom. Currency is also losing against unstable euro.



David Cameron is suggested as next Prime Minister. Will it bring any stability within the country and in the currency markets – will find out soon.


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