UK's Cameron to Take EU Case to Parliament for Referendum

February 22, 2016 9:42 AM

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LONDON — The British pound plunged against other major currencies Monday as Prime Minister David Cameron tried to shore up support for remaining in the European Union when the U.K. holds a referendum in June.

The pound fell 1.7 percent to $1.4166, and also sagged against the euro, as bookmakers shortened the odds on a vote to leave — though betting markets still favor a "remain" victory.

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