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Pound sterling could collapse by another 16% as 'incredibly complicated' Brexit becomes clear, says Deutsche Bank

Independent Tuesday, 14 February 2017
The currency has dropped about 18 per cent against the dollar and 12 per cent against the Brexit vote
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Source: Bloomberg Global Business - < > Embed

News video: Deutsche Bank's Saravelos Warns Sterling May Hit $1.05

Deutsche Bank's Saravelos Warns Sterling May Hit $1.05 02:21

Feb.14 -- George Saravelos, global co-head of FX research at Deutsche Bank, explains his negative call on the pound due to concerns surrounding Brexit negotiations. He speaks on "Bloomberg Surveillance."

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IYEA The pound could fall 16% after Brexit, said Deutsche Bank's forex head back in February 2017. https://t.co/se8uvW0YWk (/1) 6 days ago

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