The pound collapsed to a 31-year low and there was pandemonium on currency, equity and oil markets Friday as Britain voted to leave the European Union, fuelling a wave of global uncertainty.
Sterling crashed 10 percent to $1.3229 at one point, its weakest level since 1985, while the greenback itself slumped below 100 yen for the first time in two-and-a-half years as traders fled to safety.
In the weeks leading up to Thursday’s historic vote, there had been widespread warnings that a “Brexit” would cause a rout across global markets that would wipe trillions off valuations, just months after a painful China-fuelled sell-off.
cont. story>>http://clintinfo..com.ng/2016/06/clintinfo-pound-collapses-as-britain.html

The beginning of the end.