Analysts see intervention challenge for central banks
Following the fallout of EU referendum result, central banks step in to stabilise currency movements
Multiple central banks intervened in foreign exchange markets today (June 24), as exchange rates move sharply in the wake of the UK's vote to leave the EU. Many analysts expect the volatility to continue, but see some challenges to intervention.
Observers say the Swiss National Bank (SNB) and Bank of Korea intervened today, while some believe the Bank of Japan could follow suit.
Sterling fell the furthest today, initially falling by around 11% to 1.32 to the US dollar, before recovering to 1.38
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