British pound is falling down, falling down, falling downBritish pound is falling down, my fair lady…No… I haven't gone crazy. The exit came to be popularly called 'Brexit' and led to political unrest, as Prime Minister David Cameron resigned, and was replaced by Theresa May. The pound exchange rate with rupee stood at Rs99.19 (1 pound= Rs99.19) on June 22, which fell further to Rs92.96 on June 24. There may be a slump in job opportunities and growth rate of income as well. Political uncertainty and huge deficits faced by Britain has left the pound reeling after the Brexit decision.

Source: dna October 24, 2016 01:07 UTC