Pound drops as Brexit impasse unsettled after Johnson-von der Leyen meeting


The British pound dropped to as low as US$1.3311 and last stood at $1.3345, down 0.4% on the day, though it stayed above this week's low of $1.3225 set on Monday.

TOKYO: The British pound lost about 0.5% on Thursday after British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed they have until Sunday to take a "firm decision" about the future of trade talks.

The European Commission and Britain remained "far apart" on Brexit trade deal, the bloc's chief executive said after what she described as a "lively" dinner with the British Prime Minister.

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