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'Brexit' fears haunt London's trade in euros

2015-07-22 16:25:13| Energy - Topix.net

The capital of euro trading prospers outside the euro zone, but London's dominance of the $5.3 trillion-a-day foreign exchange market could wane if Britain left the European Union. While British leaders have long resisted replacing pounds with euros, traders in the City of London financial centre now buy and sell more than twice as many euros as the whole 19-member euro zone and more dollars than the United States.

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