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Pounds Sterling Takes Hit as UK Discovers New COVID-19 Strain and Brexit Trade Talks Deadlock


Pounds Sterling Takes Hit as UK Discovers New COVID-19 Strain and Brexit Trade Talks Deadlock
Dec 21 2020 · 11:02 UTC by Benjamin Godfrey · 3 min read
Photo: Depositphotos
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The ongoing Brexit trade negotiations hit another deadlock further contributing to the decline seen in the British Pound Sterling.
The Pounds Sterling appears to be taking more of the hit in a new development that saw the UK announce the discovery of a new COVID-19 strain amid a deadlock on the ongoing Brexit trade talks. Per a report from CNBC, the United Kingdom said it had discovered a new strain of the novel COVID-19, also known as the coronavirus and that this new strain spreads more quickly than previous variants. ....

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