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Old 12.03.2019, 13:03
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Neither the Indian rupee or Chinese Yuan, have been particularly strong against Sterling but then don't let the truth get in the way of a good story. Remember that China is a huge exporter so having a strong currency will reduce local profits.
I mean FMF is kinda right, if you completely ignore facts.

INR pre Brexit vote was about 99 Rupees to the Pound, today it is somewhere around 91.5.

CNY pre Brexit was about 9.7 to the Pound, today it is about 8.8.

So apart from the 10% drop versus those currencies mentioned, FMF is completely correct.
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