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Brexit: pound plunges to 30-year lows as EU fears bite into global markets again Sterling drops below psychological $1.30 barrier to hit lowest levels since 1985, alongside falls in oil prices, other commodities and US Treasury bonds yields The pound sank to three-decade lows and Asian share markets fell on Wednesday as fears over Brexit and instability in the European Union returned. The pound was again a major casualty sinking under psychological support at $1.30 in fast-moving trade. It hit its lowest since 1985 when it got down as deep as $1.2565.
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