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Title: Sterling falls as formal Brexit talks begin
The UK government will publish more position papers ahead of the next round of negotiations in Brussels, which start on Monday.
https://www.farmersjournal.ie/sterling-falls-as-formal-brexit-talks-begin-302968
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The final rounds of Brexit shadowboxing have been played out ahead of next Monday’s commencement of talks between the British government and the EU.
Further position papers on a variety of subjects, including on continuity on the availability of goods, which touches on issues around exports between Ireland and the UK.
The markets continue to bet against sterling, with the exchange rate falling to 92p/€1 for the first time since 2008.
For Irish agri food companies exporting to the UK, this weakening of sterling is unwelcome news, with little on the horizon to suggest there will be any reversal.
Sterling’s impact on Irish mushroom industry 'not sustainable'
Surge in beef sales outside the EU
Exchange rate affecting NI feed prices
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