Indian businesses may not be spared Brexit-linked jolts—such as weakened investor confidence—in the coming months
In the days since Britons voted to leave the European Union (EU) in a referendum on June 23—what has been codenamed ‘Brexit’—global financial markets were rattled and the British pound fell to a 31-year low against the dollar.
But investors and corporates—including those in India—have to face another reality: Brexit is not a singular event; related issues could create financial tremors in the coming months.
Brexit comes at a time when global economic uncertainties have not eased.
(This story appears in the 22 July, 2016 issue of Forbes India. To visit our Archives, click here.)