Pound Reaches Highest Level of 2016 on Eve of U.K. Brexit Voting

June 22, 2016 10:16 PM

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The pound reached the strongest level this year less than 24 hours before the landmark U.K. vote on membership of the European Union was set to begin.

A gauge of sterling against a basket of currencies advanced a day before Thursday’s referendum as a Comres poll showed 48 percent “Remain” and 42 percent “Leave,” while a YouGov survey showed backing for a vote to stay was ahead 51 percent to 49 percent. The pound strengthened against all 16 of its ...

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