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KM Financial Solutions | Global c.banks could sell 100 bln pounds from reserves in case of hard Brexit – BAML
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Global c.banks could sell 100 bln pounds from reserves in case of hard Brexit – BAML

27 Aug Global c.banks could sell 100 bln pounds from reserves in case of hard Brexit – BAML

Posted at 15:38h in News by
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Central banks holding sterling as
part of their forex reserves could sell more than 100 billion
pounds ($127.53 billion) should Britain crash out of the
European Union without a trade deal, a Bank of America Merrill
Lynch study showed on Tuesday.

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