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Aussie dollar in turmoil and 70 Billion wipe out in the ASX
http://www.dailymail.co.uk/news/article-3657446/Turmoil-Aussie-dollar-panicking-traders-ditch-pound-shock-gains-Brexit-leave-camp-horrifying-markets.html#ixzz4CWCmr8nRBritain's decision to leave the European Union has heavily impacted the Australian share market, with about $70 billion wiped from the ASX and financial markets around the world going into free fall.
The pound collapsed to a 31-year low and currency, equity and oil markets went into free fall on Friday, as early projections showed Britain would vote to leave the EU, reported Perth Now.
Read more: http://www.dailymail.co.uk/news/article-3657446/Turmoil-Aussie-dollar-panicking-traders-ditch-pound-shock-gains-Brexit-leave-camp-horrifying-markets.html#ixzz4CXQLJ58e
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http://www.news.com.au/finance/business/banking/brexit-commonwealth-bank-suspends-foreign-exchange-of-british-pounds/news-story/9f0d6496ffe4ec29b1fe51ca55afdbbe
EARLIER
AUSTRALIANS overseas have been stranded without cash after Commonwealth Bank suspended foreign exchange of the British pound following the Brexit referendum.
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