Britain's pound has slumped after a so-called flash crash - with the UK currency already under pressure over Brexit fears. During Asian trading hours the pound crashed briefly to $1.1841, but has since recovered much of that ground. Analysts believe automated trading systems were somehow triggered, leading to a sell-off. It came after reports French President Francois Hollande is calling for 'tough Brexit negotiations'. Laith Khalaf of stockbrokers Hargreaves Lansdown says it was a short, sharp fall in pound sterling.
LISTEN
ERC inks agreement to develop teachers housing in Fiji
Dubai secures Canva regional headquarters in new tech partnership
DIFC delivers record 2025 results
Pakistan must create 30 million jobs over next decade, World Bank president says
Ghana seeks to deepen strategic investment, innovation ties with UAE
