# Carney Says Brexit-Hit Pound Looks Like Emerging Market Currency

> Bank of England Governor Mark Carney said sterling volatility is at emerging-market levels and UK assets face a substantial repricing once the Brexit outcome is known. The comments were reported by Bloomberg.

- Date: 2019-09-10 · published 2019-09-10T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/57317-carney-says-brexit-hit-pound-looks-like-emerging-market-currency
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Heightened currency volatility affects import costs and hedging for UK-linked buyers, but it has no direct effect on feed grain or meal supply and demand.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-09-10/carney-says-brexit-hit-pound-looks-like-emerging-market-currency

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.