Sterling falls to near one-year lows vs euro on "no-deal" Brexit concerns

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Tue, 28 Aug 2018 - 08:45 GMT

Some British sterling money in coins and bank notes is seen - REUTERS/Catherine Benson

Some British sterling money in coins and bank notes is seen - REUTERS/Catherine Benson

LONDON - 28 August 2018: Growing concerns about a “no-deal” Brexit pushed the pound to a near one-year low against the euro on Tuesday.

In early London trading, sterling fell 0.1 percent against the euro to 90.73 pence its lowest since Sept. 12, 2017.

On Monday, the French Prime Minister Edouard Philippe asked his ministers to prepare contingency measures in case Britain exits the EU in March without securing a trade agreement with the bloc.

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