British national currency becomes more expensive on the day of the country's withdrawal from the European Union


Moscow, January 31 – “News.Economy.” The British currency (pound sterling) to us dollar rises on the last day, when Britain is in the EU.

At the same time, traders continued to assess the Outlook regarding a transitional period that is expected to last until December 2020, according to the auction.

as of 13.10 GMT, the pound rose against the dollar to $1,3117 per pound from the previous close of $1,3094.

the dollar exchange Rate to yen has grown to 108,97 of the yen to the level of the previous closing 108,95 yen per dollar, the Euro against the dollar declined to $at 1.1025 per Euro from the previous close of $1,103. The dollar index (the dollar against a basket of six currencies of countries – major U.S. trading partners) rose by 0.03%, to 97.9 points.

UK on Friday, leaving the European Union, concluding which lasted three and a half year process. The transition period after Brexit will last until December 2020, and during this period, the UK and the EU will lead the negotiations on future trade relations.

the terms “separation agreement” approved by both parties, the extension of the transition period once for a period of up to two years. UK must submit an application before July 1 of the current year.

“In the future for the pound more negative risks, investors will be watching negotiations on Brexit” – has told Reuters a strategist at Danske Bank Morten Lund. Text: News.Economy