The so-called 'Boris bounce' didn't last long, as the pound has fallen once again in the wake of the British general election and fresh concerns over a no-deal Brexit.
Sterling fell 1% against the dollar, to below $1.32, and dropped 1.2% against the euro to €1.18.
Ian Guider, markets editor of The Business Post, joined us for the business news with this story and more, including:
- Ulster Bank pays out €500m to its parent company, returning some of the bailout money it received during the financial crisis
- Credit union savings grow but many are struggling to lend
- It will still take close to 100 years for the gender pay gap to be closed
Listen to the interview in full by pressing the play button on this page.