The Bank of England is 'looking into' what caused the pound to slump more than six percent against the dollar in less than ten minutes Friday, a spokesman told AFP.
"We are looking into what happened," he said after sterling suffered a 'flash crash' in Asia trading hours -- hitting a new 31-year low point at $1.1841. The pound slumped also to a 6.5-year trough against the euro, at 94.15 pence.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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