Live Update 
From the Liveblog of
Thursday, December 12, 2019
From the Liveblog of
Thursday, December 12, 2019
Pound surges after exit poll shows strong Conservative win
The pound is surging after the exit poll in Britain’s election projected that Prime Minister Boris Johnson’s Conservative Party likely will win a majority of seats in Parliament.
The pound has so-far jumped over two cents against the dollar, to $1.3445, the highest in more than a year and a half.
Many investors hope a Conservative win would cement the the country’s impending departure from the European Union and ease, at least in the short term, some of the uncertainty that has corroded business confidence since Britons voted in 2016 to leave the bloc.
— AP
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here