– Sterling tumbles –
Sterling, which had surged to a 2016 high of $1.50 barely two hours earlier, slumped to below $1.43 before regaining a little ground.
In a sign of the deep uncertainty hanging over the result, Brexit campaigner Farage had appeared to be close to conceding defeat before the first results were released.
“It looks like Remain will edge it,” he told Sky News.
“I hope I am wrong, I hope I will be made a fool of,” Farage later told supporters in London.
A solid indication of the final result is not expected until at least 0300 GMT.
One of the final surveys, a YouGov survey, indicated a 52 percent-48 percent advantage for the “Remain” camp, led by Prime Minister David Cameron who took a high-stakes gamble by promising the referendum in 2013.
An Ipsos MORI poll said telephone interviews conducted on referendum day showed “Remain” at 54 percent and “Leave” at 46 percent.
About The Author
