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Egypt had 29.8% of the total Arab remittances from Britain, says Fattouh
British pound has plummeted to new depths as uncertainty over the economic impact of the UK’s pro-Brexit vote keeps worrying markets. Stock in Asia plunged again amid fears of long-term instability.
European shares have continued their slide, after Britain’s decision to leave the EU shocked financial markets on Friday, sending the British pound to its lowest level in more than 30 years.
The British pound sank to 30-year lows while most stock markets in Asia tumbled following Britain’s decision to leave the European Union. Traders fear there will be months of uncertainty.