May’s spokesman says level of sterling is for markets to determine

LONDON (Reuters) – The level of sterling, which has tumbled to near 13-month lows over Brexit fears and the dollar strength, is for financial markets to determine, British Prime Minister Theresa May’s spokesman said on Monday.

FILE PHOTO: An employee is seen walking over a mosaic of pound sterling symbols set in the floor of the front hall of the Bank of England in London, in this March 25, 2008. REUTERS/Luke Macgregor/files

Sterling lost 2 percent of i

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