Today, Monday, the exchange rate of the pound sterling against the dollar recorded a decrease after a number of countries decided to suspend transport links with the United Kingdom due to the discovery of a new strain of the Corona virus.

According to Bloomberg data, the pound sterling fell 1.98% to $ 1.3255, and the British currency also recorded a decline against the euro, falling 1.36% to € 1.0861.

The London Stock Exchange FTSE 100 Index, which is calculated based on shares of 100 companies, fell this morning by 1.51% to 6,430 points.

A new fast-spreading strain of Corona virus that has caused the closure of most parts of Britain has fueled fears about the slow recovery of the British economy, amid tightening restrictions in Europe.

Source: TASS

By:Nadeemy Haded