(Bloomberg) -- The pound fell the most this week since January 2009 after plunging as much as 6.1 percent on Friday to a 31-year low of $1.1841. The 4.8 percent weekly slide, prompted by growing concerns the U.K. is headed for a so-called hard Brexit and hastened by computer-initiated sell orders, just exceeds the drop during the week of the June 23 vote to quit the European Union.
To contact the reporters on this story: Marianna Aragao in London at mduartedeara@bloomberg.net, Anooja Debnath in London at adebnath@bloomberg.net. To contact the editors responsible for this story: David Goodman at dgoodman28@bloomberg.net, Paul Armstrong
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