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

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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)
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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)

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