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Pound's Plunge Benefits Some Businesses, Punishes Others

November 30,-0001 00:00

Companies world-wide are trying to predict fallout from the U.K.'s vote to leave the European Union but for many with heavy U.K. exposure, one impact is already clear: big currency jolts. The pound's sharp fall against major currencies since the June ...



Companies world-wide are trying to predict fallout from the U.K.’s vote to leave the European Union but for many with heavy U.K. exposure, one impact is already clear: big currency jolts. The pound’s sharp fall against major currencies since the June 23 referendum has hurt some firms and benefited others. British importers of products ranging from cars to pharmaceuticals are heavily exposed, while U.K. exporters like...

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