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Pound reaches highest level against currency basket since Brexit referendum

Sterling has risen to its strongest level against a basket of currencies since the Brexit referendum, according to the available information.

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The pound has reached its highest level against a basket of currencies since the Brexit referendum, marking its strongest performance on that measure in almost a decade.

The rise reflects the value of sterling compared with a group of other currencies rather than its performance against one individual currency. The available information does not specify the size of the increase, the currencies included in the basket or the factors behind the move.

No further details on the timing of the rise, market reaction or its potential economic impact were provided.

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