December 10, 2020 - Written by John Cameron
GBP/NZD Exchange Rate Sinks as Brexit Talks Fail to Progress
The Pound to New Zealand Dollar (GBP/NZD) exchange rate plummeted by -1.3% today, with the pairing currently fluctuating around NZ$1.880.
The Pound (GBP) struggled today after last night’s crunch talks between Prime Minister Boris Johnson and the European Commission’s President, Ursula von der Leyen, failed to yield a consensus on a post-Brexit trade agreement.
Von der Leyen told reporters:
‘I had a very long conversation yesterday night with Prime Minister Boris Johnson. It was a good conversation. But it is difficult.