Brexit: UK pound has not crashed yet, but here's why it will probably suffer in years to come
- Written by Agelos Delis, Lecturer in Economics, Aston University
The UK pound could face harder times ahead. Parlanteste/ShutterstockThe Brexit deal has failed to have any major effect on the exchange rate of the pound since January 1. The pound has held steady against the US dollar at US$1.36 and has strengthened slightly against the euro to €1.12. This was very much consistent with the modest expectations...