October 17, 2019 / 6:07 AM / a month ago

British pound drops after N. Ireland's DUP says cannot back Brexit deal

LONDON, Oct 17 (Reuters) - The British pound skidded on Thursday after Northern Ireland’s Democratic Unionist Party said it could not support the Brexit deal as it currently stands.

Sterling slid as much as 0.6% to $1.2748, and also declined 0.5% versus the euro to as low as 86.81 pence , before steadying and recouping some of those losses. (Reporting by Tom Westbrook and Tommy Reggiori Wilkes Editing by Shri Navaratnam)

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