Prospect of euro poll drives down sterling

Author (Person) ,
Series Title
Series Details 8.6.01, p6(UK edition)
Publication Date 08/06/2001
Content Type

Sterling tumbled to fresh 15-month lows against the dollar and fell further against the euro, 7 June 2001, as speculation mounted that a new Labour government might steer the UK towards European monetary union. Analysts said that a landslide victory in the election might encourage Tony Blair to call an early referendum on the issue.

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