Economist: Brexit Could See Ringgit Rising To RM4 Per Pound

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KUALA LUMPUR, Jun 24 – Britons’ decision to leave the European Union (EU), the so-called Brexit, could prove beneficial for the ringgit as some expected the local currency to strengthen up to RM4 against the British pound. At 2pm, the ringgit was quoted at 5.6249/6503 against the pound sterling, firming from yesterday’s

NATO Says UK To Stay ‘Strong Ally’ Despite Brexit

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BRUSSELS, Jun 24 – Britain will remain a strong ally and continue to play a leading role in NATO despite its vote to leave the European Union, alliance head Jens Stoltenberg said on Friday (June 24). Mr Stoltenberg in a statement said the UK will remain a strong and committed NATO ally

Cameron To Resign After EU Referendum Vote

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LONDON, Jun 24 – David Cameron has announced his resignation after the British public rejected his personal entreaties and voted to leave the European Union. The dramatic announcement came after a sharp fall in the pound and as £128bn was wiped off the FTSE 100.  Cameron said: “I am honoured to have been

Britain Votes To Leave E.U., Stunning The World

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LONDON, Jun 24 – Britain has voted to leave the European Union, a historic decision sure to reshape the nation’s place in the world, rattle the Continent and rock political establishments throughout the West. With all but a handful of the country’s cities and towns reporting Friday morning, the “Leave” campaign held a 52 percent to

It’s Official – Britain Out Of EU

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LONDON, Jun 24 – Britain has voted to break out of the European Union, national media declared Friday, striking a thunderous blow against the bloc and spreading panic through world markets as sterling collapsed to a 31-year low. Investors scrambled to sell the pound, oil and stocks as Britain took a

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