Canadian dollar loses 1.5 cents, British pound plunges after Britons vote to Brexit Europe

By Pete Evans, CBC News, June 24, 2016 

Gold rallies to highest level in 2 years after Britain votes to leave European Union

The pound slumped to its lowest point in more than three decades on Friday and the Canadian dollar posted its worst loss in six years after the Leave side won Britain’s referendum on EU membership.

Uncertainty over the vote results sent the pound on a wild ride. Just after polls closed, it rose to its highest point of the year at $1.50 US. About six hours later, it tumbled more than 10 per cent to $1.3230, its lowest level in 31 years.

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