New figures revealed sterling had climbed to a 22-month high against the euro to 1.17, and the US dollar was also up at 1.33.
But the stronger currency trimmed gains for London’s top-flight stocks, which typically benefit from a weaker pound.
The figures rose to their highest since spring 2017 following prime minister Theresa May’s visit to Strasbourg yesterday. She added she has now delivered what Parliament asked her to do and will present the deal in a crunch Commons vote today.The PM said she ‘passionately believed’ her Brexit deal addressed concerns raised by MPs who feared the backstop would keep the UK in a customs arrangement with the EU indefinitely.New figures revealed sterling had climbed to a 22-month high against the euro to 1.17, and the US dollar was also up at 1.
The PM said: ‘What we have secured is very clearly that the backstop cannot be indefinite. Cannot become permanent. It is only temporary. If it is the case that we were ever to get into the backstop.
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