The pound fell sharply Thursday following the resignation of Britain's Brexit Secretary Dominic Raab over the terms of a draft deal reached with the European Union, dropping more than one per cent against both the dollar and the euro.
The plunge erased gains made earlier in the week after a draft Brexit deal emerged between Britain and the EU. Around 0925 GMT, the pound was worth around USD 1.2831, compared with almost USD 1.30 late Tuesday.
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