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Pound+down+after+early+election+results
Friday, 09 June 2017 - 11:31
Pound down after early election results
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The pound is down sharply after early election results and the exit poll cast doubt over whether the Conservatives will win an overall majority.

The exit poll forecast may not be reflected in the final result, but traders had been expecting a clear victory for Theresa May's party.

After the exit poll was announced at 10pm the pound slumped by more than two cents to $1.2717.

It has since recovered ground and is trading above $1.28.

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