FX

Sterling slumps on British election uncertainty

Sterling slumped on Thursday on uncertainty over the December 12 general election.

The pound traded as low as $1.3118 from $1.3195 on Wednesday, as traders anticipate whether the Conservatives will secure a majority in Parliament or not.

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Martin Sorrell’s S4 Capital in Talks With MSQ Partners About Possible Tie-UpExternal link

Martin Sorrell’s S4 Capital in Talks With MSQ Partners About Possible Tie-Up