The British pound dipped noticeably in early Asian trade on Monday with investors watching the currency for any jitters on the pace of the country’s exit from the European Union following a by-election last week that showed the conservatives under Prime Minister Theresa May winning a former staunch Labour Party district.
The pound sterling fell 0.58% against the dollar 1.2394 around 0745 in Singapore. In October last year, a suspected “fat finger’ in thin Asian trading hours sent the pound to a three-decade low.
