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Reuters
Reuters
Business

Sterling drops after UK prime minister taken to intensive care

FILE PHOTO: A Japan Yen note in front of U.S. Dollar and British Pound Sterling notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

The British pound dropped against the U.S. dollar on Monday after it was reported that U.K. Prime Minister Boris Johnson has been moved into intensive care.

Johnson's condition has worsened since being hospitalised with persistent COVID-19 symptoms, his Downing Street office said in a statement.

Sterling <GBP=> dropped to $1.224, from around $1.230 before the report.

(Reporting By Karen Brettell; Editing by Chris Reese)

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