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Oil, metals to fall if Brexit occurs

UK falling into recession, sharp depreciation of pound are other risk factors

Rajesh Bhayani  |  Mumbai 

Britain is voting on Thursday on whether it wants to remain as a part of the European Union or exit. Markets are worried, because if a country like Britain exits EU, others could follow, and demand to exit could go up.

Not only that, the association of UK and EU is not recent and hence several analysts and experts have predicted withdrawal of money from Britain, which could lead to fall in the pound. Nouriel Roubini, a well-known American economist and the chairman of Roubini Global Economics, an economic consultancy firm tweeted that "the UK -- having large twin current ...

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First Published: Wed, June 22 2016. 00:25 IST