<p>Ten-year high shows sterling’s strength against other currencies following fall of dollar after US midterm elections</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/nov/05/bank-of-england-interest-rate-decision-pound-inflation-oil-iran-stock-markets-latest-news-updates">Business live – latest updates</a></p></li></ul><p>The pound has hit its highest level since its crash in the wake of the Brexit referendum a decade ago.</p><p>Data released by the <a href="https://www.theguardian.com/business/bankofenglandgovernor">Bank of England</a> on Thursday showed that the pound reached its strongest level against a basket of other currencies since 23 June 2016 – the day of the EU vote – on Wednesday.</p> <a href="https://www.theguardian.com/business/2026/nov/05/pound-hits-highest-level-since-2016-brexit-vote">Continue reading...</a>
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Pound hits highest level since its crash after 2016 Brexit vote
<p>Ten-year high shows sterling’s strength against other currencies following fall of dollar after US midterm elections</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/nov/05/bank-of-england-interest-rate-decision-pound-inflation-oil-iran-stock-markets-latest-news-updates">Business live – latest updates</a></p></li></ul><p>The pound has hit its highest level since its crash in the wake of the Brexit referendum a decade ago.</p><p>Data released by the <a href="https://www.theguardian.com/business/bankofenglandgovernor">Bank of England</a> on Thursday showed that the pound reached its strongest level against a basket of other currencies since 23 June 2016 – the day of the EU vote – on Wednesday.</p> <a href="https://www.theguardian.com/business/2026/nov/05/pound-hits-highest-level-since-2016-brexit-vote">Continue reading...</a>