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British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

14th March 2019

Photograph of British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

Sterling rose 2 percent after U.K. lawmakers rejected leaving the European Union without a withdrawal agreement.

The rejection of a no-deal Brexit, passed with 312 votes to 278, set up another vote Thursday on whether its official departure date should be extended.

Sterling extended its rally this year, posting its biggest gain since April 18, 2017 when the sterling gained 2.19 percent against the dollar.

See the full report and short film at https://www.cnbc.com/2019/03/13/british-pound-surges-nearly-2percent-vs-us-dollar-after-uk-lawmakers-vote-to-reject-a-no-deal-brexit.html