Britain's pound has slumped after a so-called flash crash - with the UK currency already under pressure over Brexit fears. During Asian trading hours the pound crashed briefly to $1.1841, but has since recovered much of that ground. Analysts believe automated trading systems were somehow triggered, leading to a sell-off. It came after reports French President Francois Hollande is calling for 'tough Brexit negotiations'. Laith Khalaf of stockbrokers Hargreaves Lansdown says it was a short, sharp fall in pound sterling.
LISTEN
H.H. Sheikh Hamdan: Dubai economic zones post record AED491bn in non-oil trade
Thani Al Zeyoudi meets Belarus PM during official visit to Minsk
UAE, Slovakia strengthen economic ties at 2nd Joint Economic Committee meeting
OPEC+ agrees fourth oil quota hike since Hormuz closure
