• BOE's Forbes: Pounds depreciation since the vote should improve the UK's net foreign asset position by over 20% of GDP

Market news

16 September 2016

BOE's Forbes: Pounds depreciation since the vote should improve the UK's net foreign asset position by over 20% of GDP

  • Sterling depreciation since Brexit vote is leading to some automatic adjustments in the UK current account balance

  • Depreciation since the vote should improve the UK's net foreign asset position by over 20% of GDP

  • Improvement in the UK's net international asset position should alleviate investor concerns

*via forexlive

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