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Pound hits highest level since its crash after 2016 Brexit vote

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This story was selected and curated by our editorial team in the Bank of England category. Published on November 5, 2026 • Originally reported by Graeme Wearden. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Ten-year high shows sterling’s strength against other currencies following fall of dollar after US midterm elections

The pound has hit its highest level since its crash in the wake of the Brexit referendum a decade ago.

Data released by the Bank of England on Thursday showed that the pound reached its strongest level against a basket of other currencies since 23 June 2016 – the day of the EU vote – on Wednesday.

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