There have been a lot of speculations regarding the steps that the Bank of England would take regarding UK’s economy after the Brexit vote to leave the European Union. Similarly, the domestic currency, the British Pound, has seen a decline in strength compared to other major world currencies after the Brexit vote. The Great Britain Pound has seen a very sharp decline in its strength in the past few weeks reaching almost to its 30 year low. This has greatly affected the trade sector since it means more money for imports and less money from exports.
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