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Pound plunges on vote to leave EU

Britons voted to leave the European Union by 52% to 48% in a national referendum.

 
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Britons voted to leave the EU by 52% to 48% in a historic referendum.

The pound plummeted 10 percent, the lowest since 1985 while oil fell to 47 percent a barrel. Stock markets from Tokyo to London collapsed on Friday following the vote.

The euro dropped to 1.10 against the dollar as compared to 1.13 on Thursday.

The Leave camp gathered 1,269,501 more votes than those who favoured to remain in the EU.

In addition, the pound exchange rate is fluctuating around $1.36 amid decision to leave the EU, market data indicate.

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