Coronavirus: Pound takes hit as investors fret over PM Johnson's condition – Sky News, Sky.com
1.9k Views
The pound has taken a hit against the safe haven dollar on news of Boris Johnson’s deterioration as he battles coronavirus in intensive care.
Sterling lost six tenths of a cent against the greenback late on Monday evening when it was confirmed the PM’s condition had taken a turn for the worse.
Market analysts warned that the UK currency was likely to be pegged to developments on Mr Johnson’s health as Dominic Raab, the foreign secretary, steps up to assume some of his responsibilities.
GIPHY App Key not set. Please check settings