The pound has fallen to its lowest level in 10 months amid uncertainty about Scotland’s future within the UK.
The currency fell 1% against the dollar in early trading to $1.6159, and also fell almost 1% against the euro to 1.2480 euros.
It came after a YouGov poll suggested supporters of an independent Scotland had taken a narrow lead in the referendum debate for the first time.
Just a week ago sterling was trading at $1.66 against the US dollar.
Shares in Scottish-based firms dominated the top fallers on the stock market. Edinburgh-based Standard Life fell 3%, Royal Bank of Scotland slipped 2.4% and Lloyds Banking Group, which owns Bank of Scotland and Scottish Widows, dropped 2.7%.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.