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8 Global Currencies That Plunged Due To The Brexit Referendum

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The people of Britain yesterday voted in a referendum for Britain to stay or exit the European Union. Here are 8 global currencies took a pounding following the Brexit vote counting, which indicated Britain would be leaving the Eurozone.

 

1) Indian rupee

1) Indian rupee

Indian rupee took a beating with the currency trading at 67.91against the US dollar, down 66 paise over Thursday's close.

British Pound

British Pound

The UK pound was badly hit and was trading at 1.37 to the US dollar, a drop of 9 per cent.

Japanese Yen
 

Japanese Yen

The Japanese Yen was the only major currency which rose on Brexit and gained 4.2 percent to 101.92 per dollar.

Euro

Euro

Euro was seen trading lower by 3 percent at $1.1045. Again, a currency that is closely linked the the Brexit.

Australian Dollar

Australian Dollar

The Australian dollar also slipped 2.8 percent to trade at 74.02 cents against the dollar.

Mexican Peso

Mexican Peso

Mexican peso slipped 3.9 per cent to 18.97 to the dollar. Emerging market currencies are normally the worst impacted by global chaos.

South African Rand

South African Rand

South African currency dropped 5 per cent to 15.16 against the dollar. Again, a emerging market currency, that tends to get impacted by adverse economic news.

Poland's zloty

Poland's zloty

Poland's zloty slipped 5.9 per cent at 4.073 against the U.S. currency

Read more about: brexit currencies
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