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2026-11-05T11:14:30.000Z

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Pound's post-Brexit high

Pound's post-Brexit high

Sterling reached its strongest level against a basket of currencies since the day of the 2016 Brexit referendum, with the Bank of England’s effective exchange rate index at 86.5372. The rise followed a weaker US dollar after the midterm elections and reflected expectations that the Bank would raise interest rates.

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