Dubai Money Exchanges Ran Out Of British Pounds By 5pm Yesterday
It looks like Britain's vote to leave the European Union has already impacted the UAE. Currency exchanges in Dubai and the capital reported they had run out of pounds as early as 5pm last evening. In Mall of the Emirates it was a different scenario. The bigger exchange houses such as Al Ansari Exchange, UAE Exchange and Wall Street Exchange had run out of the currency by 4.30pm. However, they did mention there was no need to panic at the moment as the stock of the pound was available and would be replenished at any branch that required it. Yesterday the pound fell to a 31-year low.