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Pound hits highest level since its crash after 2016 Brexit vote

The Guardian World Thursday 05 November 2026, 11:14 UTC By Graeme Wearden 1 min read
Key Points

Ten-year high shows sterling’s strength against other currencies following fall of dollar after US midterm electionsBusiness live – latest updatesThe pound has hit its highest level since its crash in the wake of the Brexit referendum a decade ago. Data released by the Bank of England on Thursday showed that the pound reached its strongest level against a basket of other currencies since 23 June 2016 – the day of the EU vote – on Wednesday.

Ten-year high shows sterling’s strength against other currencies following fall of dollar after US midterm elections

The pound has hit its highest level since its crash in the wake of the Brexit referendum a decade ago.

Data released by the Bank of England on Thursday showed that the pound reached its strongest level against a basket of other currencies since 23 June 2016 – the day of the EU vote – on Wednesday.

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