Sterling surges against dollar as Spain and Netherlands back soft Brexit

Finance ministers from both countries reportedly keen to maintain the closest possible ties with EU and Britain

The pound has surged to its highest level against the dollar since the Leave vote, on reports that Spain and the Netherlands are willing to back a soft Brexit deal.

Sterling hit a high of $1.3691 at one point, a gain of almost 1.5 cents or more than 1%, after Bloomberg reported that the two countries were keen to maintain the closest possible ties between the EU and Britain, after Brexit.

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Source: theguardian
Sterling surges against dollar as Spain and Netherlands back soft Brexit