UK: Value of the pound increases following Boris Johnson’s withdrawal from British PM race

The pound has reacted positively to news Boris Johnson won’t be UK Prime Minister again.

Sterling holders will get more euros and dollars for their money now than at most points over the last 10 days, with Sterling bouncing up after the former British PM pulled out of the Tory leadership race last night.

The FTSE 100 opened up this morning, as well.


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