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25th Feb 2016 03:54U.K., Economic Monitor

Sterling weakened further yesterday in response to the perception that the odds of the U.K. leaving the E.U. in the June referendum are rising. Cable fell to $1.39, its lowest level since March 2009. It is now $0.12 below the level one would anticipate from markets' expectations for short rates, as our chart of the week on page three shows.

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Keywords for: 25 Feb. 2016 Is Brexit as Likely as the Markets Seem to Think?

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