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'Flash crash' sends British pound to fresh 31 year low -

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The British Pound has plunged to new a 31 year low this lunchtime.

Incredibly, the currency fell as much as six per cent in just a few seconds when Asian markets opened for business.

The pound has already dropped 17 per cent since the Brexit referendum to leave the world's biggest single market.


Sean Callow, Westpac currency strategist