This content is not available in your region

British pound drops after Northern Ireland's DUP says cannot back Brexit deal

Access to the comments Comments
By Reuters
British pound drops after Northern Ireland's DUP says cannot back Brexit deal
Pound coins are seen in the photo illustration taken in Manchester, Britain September 6, 2017. REUTERS/Phil Noble/Illustration/Files   -   Copyright  PHIL NOBLE(Reuters)

LONDON (Reuters) – The British pound skidded on Thursday after Northern Ireland’s Democratic Unionist Party said it could not support the Brexit deal as it currently stands.

Sterling slid as much as 0.6% to $1.2748, and also declined 0.5% versus the euro to as low as 86.81 pence, before steadying and recouping some of those losses.

(Reporting by Tom Westbrook and Tommy Reggiori Wilkes; Editing by Shri Navaratnam)