Brexit Vote Sends Pound to 31-Year Low, Pummeling Markets

June 24, 2016 5:40 AM

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Brexit Vote Sends Pound to 31-Year Low, Pummeling Markets

World financial markets were rocked Friday by Britain's unprecedented vote to leave the European Union, with stock markets and oil prices crashing and the pound hitting its lowest level in three decades.

The uncharted, unexpected path of a European Union without Britain sparked the sell-offs, with more jitters expected as global markets try to digest the shock result.

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