UK pound stays at high of US$1.34

Business | 27 Nov 2020 8:12 pm

The UK pound edged down on Friday but remains near a three-month high, brushing off renewed talk of a Scottish independence referendum that could wrench apart the United Kingdom after Brexit, Reuters reports.

Weakness in the U.S. dollar amid thin trading due to the Thanksgiving holiday bolstered sterling, which has approached its September high of US$1.34 recently on optimism over Brexit talks between Britain and the European Union.

Scottish leader Nicola Sturgeon said the independence vote should take place in the earlier part of the devolved parliament's next term, which begins next year.

 

 



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