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EconomyPound reaches its highest level since the 2016 Brexit vote crash

The pound rose to its strongest level against a basket of currencies since the 2016 Brexit referendum, according to Bank of England data. Its gains reflect a weaker dollar after the US midterms, sterling’s recent strength against the euro and yen, and expectations of an interest-rate rise.

pound sterlingforeign exchangeBank of EnglandUS midterm elections

TThe Guardian★★☆☆☆2026-11-05 11:14Original

Pound reaches its highest level since the 2016 Brexit vote crash
Pound reaches its highest level since the 2016 Brexit vote crashEconomy