Pound reaches its highest level since the 2016 Brexit vote
Summary
The pound rose to its highest level against a basket of currencies since the Brexit referendum a decade ago, BBC News reported on Wednesday 4 November. On Thursday 5 November The Independent reported that a major index measuring sterling against overseas currencies had hit a ten-year high as interest rates were set to rise, a level that could be tested quickly, and The Guardian that the ten-year high shows sterling's strength against other currencies following the fall of the dollar after the US midterm elections. The Evening Standard and The Independent reported that the pound was at its highest level since the Brexit vote in 2016, some of its strength coming from the weakness of the dollar.
Latest: The pound was at its highest level since the Brexit vote in 2016, some of its strength coming from the weakness of the dollar, the Evening Standard and The Independent reported, The Guardian writing that the ten-year high followed the fall of the dollar after the US midterm elections.
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How it unfolded
Thursday 5 November
The pound was at its highest level since the Brexit vote in 2016, some of its strength coming from the weakness of the dollar, the Evening Standard and The Independent reported, The Guardian writing that the ten-year high followed the fall of the dollar after the US midterm elections.
- 09:13The Independent Pound at highest level since Brexit vote in 2016
- 09:13Evening Standard Pound at highest level since Brexit vote in 2016
- 06:14The Guardian Pound hits highest level since its crash after 2016 Brexit vote
- 03:42The Independent Pound reaches highest value since Brexit as interest rates set to rise
Wednesday 4 November
The pound rose to its highest level against a basket of currencies since the Brexit referendum a decade ago, BBC News reported.