UK pound falls to fresh 2.5-year low against Singdollar as 'Brexit' fears persist

[brattzz]

"Singapore banking system remains sound following Brexit outcome: MAS
Posted 24 Jun 2016 15:44 Updated 24 Jun 2016 16:00"

just posted by MAS!!!..

http://www.channelnewsasia.com/news/sing...?cid=fbcna

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Britain credit rating down....

LONDON: Ratings agency Standard and Poor's said Britain's top-notch "AAA" credit rating is no longer tenable after voters opted to leave the European Union, the Financial Times reported on Friday.

"We think that a AAA-rating is untenable under the circumstances," Moritz Kraemer, chief ratings officer for S&P, told the FT.

Rival ratings agencies Fitch and Moodys have already stripped Britain of their AAA ratings, long before the referendum campaign began.

S&P has previously said its AAA rating for Britain reflected its assumption that the referendum would deliver a vote to remain in the EU.

http://www.channelnewsasia.com/news/busi...?cid=FBcna