Business Insider
June 23, 2016
June 23, 2016
The pound is rallying on Thursday morning as Brits go to the polls in the country’s historic referendum on whether the UK will leave the European Union.
At about 11:20 a.m. BST (6:10 a.m. ET) sterling is around 1.35% higher against the dollar, to trade at $1.4007. As polls opened at 7 a.m. BST (2 a.m. ET) sterling was hovering just below $1.48, but it fell sharply, dropping to $1.4731 at 7:45 a.m. BST (2:45 a.m. ET). It has since taken off upward, with a new poll from Ipsos Mori showing the Remain camp with 52% of the vote.
It is important to note that the poll is merely a survey of voting intentions and is not an exit poll.
“The four-point gap is nail-bitingly close – especially with heavy rain threatening to dampen turnout in London which is a key target area for Remain,” the Evening Standard, which commissioned the polls, said.
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