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Montevideo, April 19th 2024 - 17:16 UTC

Tag: British currency

  • Tuesday, September 11th 2018 - 08:43 UTC

    EU Barnier's “realistic” comments on Brexit help prop sterling

    Barnier, the EU's chief negotiator, told a forum in Slovenia that it was “realistic” to expect a divorce deal with Britain, the British embassy to Slovenia said on Twitter

    Sterling surged against the dollar and Euro on Monday after the European Union's chief negotiator said a Brexit deal was “realistic in six to eight weeks”. For the second time in less than a week, Michel Barnier has signaled his desire to move ahead on the Brexit negotiations, less than seven months before the United Kingdom is slated to leave the European Union on March 29, 2019.