Add a new comment

On the impact of Brexit on sterling

As yet, sterling appears not to have reacted to the looming referendum on the UK’s continued membership of the European Union. Over the short to medium term, however, the currency should end up reacting negatively, so great is the fallout for the British economy. In particular, one would expect the volatility displayed by sterling to pick up at the start of 2016, bearing in mind that opinion polls are very tight...