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In Money Matters

British pound gets support from Brexit deal prospects

24th December 2020 Matthew Patridge

British pound gets support from Brexit deal prospects Pin It

The British pound was getting more and more strenght from Thursday morning because a Brexit deal after lengthy negotiations between the United Kingdom and the European Union seems very close.

The British currency became 1 percent more expensive compared to the euro around 10.00 (Dutch time). For one euro £0.809 was laid down, with a Brexit deal, the fear of a turbulent departure of the United Kingdom from the European Union at the beginning of the New Year has been allayed.

Just before Christmas, all the signals look green for a Brexit chord. In particular, agreements on fishing and the regulation of competitiveness have long been the subject of heated discussions.

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